Friday, April 16, 2010

Tea Party "Contract from America" a Fiscal Suicide Pact | Crooks and Liars

Tea Party "Contract from America" a Fiscal Suicide Pact Crooks and Liars

This story has an interesting graphic about the sources of the deficit.

Another reason I am a skeptic when it comes to Tea Party claims that they are for lower taxes and smaller government is the unfeasability of their schemes.

Nobody on the right (except some of the right leaning libertarians) ever talks about reductions in military spending and ending expensive wars or about realistic plans to cut spending significantly. They simply have other priorities on which they would spend money or create deficits, the most important being cutting taxes on the relatively affluent. They'll borrow and shift the burden to future generations just as they have always done in my adult lifetime. They'll make a huge mess and leave it to Democrats to clean it up if they can. Government will be no smaller, and overall taxes will be higher (albeit deferred).

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