Deficit Discourse (2) ~ A Disaster Bequeathed to Us by BushCo
Conservatives face a predicament. It was bequeathed to them by George Bush and his minions. They (conservatives) very much want to be deficit hawks and keep a keen eye out for government spending - especially when such spending threatens to benefit the less well off. Yet the clearest, simplest way to cut the deficit is to (1) rescind tax cuts Bush bestowed on the wealthiest Americans and (2) cut our losses and end the pointless wars he started. In other words, it is impossible to be a deficit hawk, a foreign policy hawk and a patron to the wealthy all at the same time.
P.S.: And, of course, it is crucial to recognize - as the folks at HuffPost point out, that the dollar for dollar stimulating effect of tax cuts for the wealthy is significantly lower that what we get from other forms of government spending.