I dont believe in Magical economics either
But I can easily spend 20% more than I earn.
Somehow, I dont think my grand-kids are going to pay for it....
As much as "conservatives" like to say they are against big govt, they dont seem to be doing a lot to stop it, or hold Bush accountable.
And they also wont dare to mention one possible solution, one that even Reagan managed to get his head around and implement - tax hikes*. (Oh, the horror)
*Note to Tom et al.
Not an endorsement of raising taxes over cutting spending.