I tend to agree somewhat with Bit on this one. But I really dont think GW is much of a conservative he cut taxes but he spent like a kid in a candy shop. That is why most true conservatives are distancing themselves from GW. If you cut taxes you must find ways to save money not the other way.
Yeah on his birthday with his favorite uncle. Not his mom and/or dad. Just run the bill up.....Our tax dollars at work. Just not here in the USA
Although I'm not American I truly hope whoever gets in power in the United States next time cuts expenditure drastically.
The world is much better off with a stronger America than a weaker one. All this debt owed by the United States is only weakening the US; especially the public debt owed by the US government.
The US is a superpower on the basis of its economy. The US economy is certainly strong enough to handle the level of debt it has, but it could be a lot stronger if there were lower debt levels.
We are already seeing a 'shakeout' of bad private debt from the US banking system; now we need to see the same thing from the US government. This will be the main job of whoever gets in next time, whether they be Democrat or Republican.