Democrat Solution For The National Debt: Tax More And Spend More
The folks at Reason had one of their correspondents ask delegates and attendees at the Democrat national convention about the national debt. They all agreed that the national debt is an important issue, but they had a hard time explaining how the tax more/spend more policies of their party and President Obama would address the issue:
My favorite part is the delegate who accused Republicans of “cock blocking” President Obama’s policies.
I’m pretty sure the stimulus spending spree Obama pushed through Congress on the premise that it would reduce unemployment to below 8% by now was passed by a Democrat super-majority in Washington DC. It wasn’t obstructionism, or “cock blocking” if you will, that made it fail. It was the fact that it was bad policy.Tags: deficits, democrat national convention, national debt