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Rain In A Rusty Bucket

It's what makes the bucket Rusty... and by the way, if you see Rusty tell her to write.

Tuesday, February 01, 2005

Fiscal Responsibility

Fiscal Repsonsibility is now something for New Democrats.

Here is a GAO report, Long Term Fiscal Challenge

Chapter one "Today's Fiscal Policy is Unsustainable"


Simply put, our nation's fiscal policy is on an unsustainable course. As long-term budget simulations by GAO, the Congressional Budget Office (CBO), and others show, over the long term we face a large and growing structural deficit due primarily to known demographic trends and rising health care costs. Continuing on this unsustainable fiscal path will gradually erode, if not suddenly damage, our economy, our standard of living, and ultimately our national security. Our current path also will increasingly constrain our ability to address emerging and unexpected budgetary needs.


Republicans are the big spenders now. They have no reason not to be as Government Debt hurts the Government of America, which they want hurt, because government is bad bad bad. Am I wrong? I didn't make this up... this is what conservatives have been trying to convince me about for years. I say, "it can be bad, it can be good"... but they say "just bad". You can get them to admit it is a "necessary" evil... but evil is bad last time I heard.

When will people that care about a sane fiscal policy realize that the Republicans don't care about such a crisis. Do you know the position, "Starve it and drown it in a bathtub"? That's Grover Norquist's position, influential republican strategist.

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