Ron Hart talks about the distant past where congress passed budgets and those budgets were actually in surplus:
Most Americans expect politicians to work out a back-room deal to avoid embarrassing themselves again. The politicians feel these deals are too ugly for us to watch, so they are compelled to spare us the indignity of the “most transparent president” ever. Political deals are like sausage; it is best not to watch the product being made. The difference is, sausage as an end product is actually good.
In the Democratic vernacular, taxes have changed to “revenues.” Long ago they replaced the word “spending” with “investments,” especially when wasting money on Solyndra and the like. They think we are stupid.
When Bill Clinton so famously “balanced the budget” with the Internet boom and all the taxes from those stock sales, the GOP and Newt Gingrich passed a budget (yes, Congress used to do that) of $1.7 trillion in expenditures. Adjusted for inflation, our federal government would be spending $2.3 trillion today and collecting $2.5 trillion in “revenues,” resulting in a $200 billion surplus. But instead of increasing government spending in line with normal inflation, under Bush and Obama we are spending $3.8 trillion today. Democrats, who believe we have a “revenue” problem instead of a “spending” problem, must also think they have a bartender problem, not a drinking problem.
Those Republican neocons who have never seen a country they do not want to bomb because it looked at us wrong, have to give on defense. We spend $1.19 trillion a year on defense — more than the other top 10-countries combined and more than six times what second-place China spends.
