Republicans writing checks their administration can’t cash

[sniffa]

Quick quiz: what’s going to cost the U.S. more over the next decade: the exploding costs of entitlements like Social Security and Medicare or Bush’s tax cuts? Despite all the talk we hear about the prior, it’s not even close — the tax cuts are poised to cost the treasury far, far, more.

And yet, every Republican presidential candidate in the field, to a man, vows to make each of Bush’s cut permanent, beyond their scheduled expiration in 2010. As the NYT’s Tom Redburn notes today, over the next 10 years, it will cost “roughly $2.5 trillion in revenues now expected under current law. And that’s just the beginning.”

snip

Keep in mind, most of the GOP field, including Rudy Giuliani and John McCain, are on record believing in the Tax Fairy — tax cuts can pay for themselves with increased revenue. It’s transparent nonsense, but it helps explain why the Republican field doesn’t even pretend to care about fiscal sanity.

The notion that Republicans would even consider additional tax cuts, on top of the reckless and irresponsible cuts from Bush’s first term, apparently stems from a political necessity.

http://www.thecarpetbaggerreport.com/archives/13941.html

i'm shocked people buy into this theory. i'm shocked their noses aren't growing as they say these things, or at least giggling.

[yourout]

1. They don't have to...they can dump it on the next Pres and say its HIS fault.