Wednesday, November 24, 2004

Re: Spending Addicts

I was not surprised at the news Congress was raising the debt ceiling, as that was a necessary consequence of the policies the Bush administration and the Republican Congress agreed to long ago (and it was not the first time in the last four years we had to raise the debt ceiling). What concerns me more is the fatalism with which most politicians approach the spending glut.

The notion that Democrats are the tax-and-spend party should be laid to rest--unless one is making the point that when Democrats spend, at least they have the courtesy of taxing to pay for it.

Michael Kinsey of the Washington Post crunched some numbers a few months back to explode the myth that Democrats are the bigger spending party.

I also came across this graph showing the national debt across presidential terms. I have no idea whether the data is reliable.

Glad to see a post from you, Ryan!

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