[ClearCase_guy]

We are at a point where each new proposed federal initiative — health care, cap-and-trade, a “jobs bill,” stimulus, education — is synonymous with more debt.

I remember during the early days of the 2008 presidential campaign -- before the big financial meltdown. Obam and McCain were in a debate and the question was: "The deficit is too large. Everyone knows that. Everyone agrees that we need to cut spending. Specifically, what would you do to cut federal spending?"

Obama's answer (from memory):

"The deficit is too large. We do need to cut spending. Here's what I will do -- I will invest in roads and bridges. I will invest in health care and in education. Most importantly, I will invest in green technology so that renewable energy is developed, and greenhouse gases can be eliminated."

(McCain's answer: "I would cut Defense.")

Obama believes that all solutions require massive deficit spending -- even deficit reduction requires massive deficit spending.

[Red Badger]

“Invest = spend” in Dem parlance............so his answer to cutting spending was to spend even more..............

[PogySailor]

If you raise the defict to $2T the first year, then cut that to $1.8T the next year, you are fiscally responsible. /PBHO