Matthew Dowd said on ABC that for the last twenty years both parties have been big spenders.
One, he summarized, is the party of cutting taxes and spending more
from Washington, the other is the party of raising taxes and spending
more from Washington.
This says just about all we need to know about the problem.
Government is too big, and though the parties debate about where to
spend more money (international affairs versus domestic entitlements),
both keep pushing for more spending.
The current attitude in Washington reminds me of an old story told in
some economic circles about the young man who grew up in the lap of
luxury created by his father's lifelong hard work.
As the man reached adulthood, his father cut him off from family
money and told him he'd have to get a job or start a business and make
his own way.
The boy approached his best friend, who with his own parent's money
had participated in the wasteful spending sprees over the years, and
together they strategized how to get his father's money without the
"ridiculous" idea of going to work....