Blue Virginia has a lengthy post up on the economic troubles we're facing. It's a pretty good listing of concerns deficit hawks/tea party members have about the 2010 economy.
Is it hysteria or reality? I lean toward the reality side, since we have programs established by Democrats over the years (Social Security, Medicare) where money was supposed to be saved for the future.
The future is here and the money's gone.
The lock to the lockbox was picked. Spent by Democratic Congresses in the 1960s, 70s and 80s. Say what you want about tax cuts, but they likely kept the economy afloat (bringing in revenue from higher growth) in recent years.
I'm ready to see the second part of the deficit hawk story. How do the Democrats dig themselves out of this deep hole?
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