Tuesday, July 06, 2010

Tom Thrifty


Here's CommieTommie Harkin on the projection the public debt will reach 62 percent of gross domestic product by the end of the year - the highest percentage since the end of World War II.

"This is very concerning. We've got to start reducing the deficit, but we need economic activity in this country."

Last month the Senate's reigning Prince of Pork said, it's too early to cut spending, given that the economy is still fragile, but "that time is coming".

In April the Earl of Earmarks said, "People are right, we are too far in debt. That is why I have crafted this bill only to go to education, nothing else."

He's sounding like an alcoholic who wants to empty the bar before he goes for treatment and the scientific community is united in that fact.

For my money (and some of it is) if the feds are going to be running debt, I'd rather have tax cuts than runaway spending.

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