The Dems will own both houses of Congress, perhaps even a filibuster-proof Senate. The Bush tax cuts are gone whether McCain wins or not.
A massive tax increase plus no significant new spending beyond the usual entitlement growth - divided government blocks each other’s handouts, and McCain has been fairly consistently against pork for his career - will do a number on the deficit. Balanced budget in 4 years, probably not. But a manageable deficit, like 100 billion and not 450 billion doesn’t seem like much of a stretch at all.
If Obama wins, it’s game over. There won’t be a congressional check on his Marxist handouts - if anything they’ll encourage him - and we’ll have a 4.5 trillion dollar fed budget by the end of his first term. Count on it.
“If Obama wins, it’s game over. There won’t be a congressional check on his Marxist handouts - if anything they’ll encourage him - and we’ll have a 4.5 trillion dollar fed budget by the end of his first term. Count on it.”
Forgive me if I fail to see how we could do much worse than we have done the past eight years. Our so-called Republican leaders inherited a balanced budget and turned it into massive deficits. It’s going to be tough now for Republicans to win the election based on promises that they will be the party of financial restraint.