<The Feds can borrow so much money that the cost to private enterprise becomes prohibitive. Then the economy tanks. GWB's tax cuts, increased spending, and then borrowing are guaranteed to have disastrous consequences in the longer run. While he's spending it can prop up things for a while, much like you could look affluent while maxing out your credit cards.

If the Democrats are guilty of "tax and spend", at least that's spending money that's there. GWB's policy of "spend and borrow" is certainly less responsible.



Yeah, like no Democratic administration or Congress ever enthusiastially ran deficits. I remember when Keynes was a Democratic god.

Taxing the money out of the economy doesn't help private enterprise either. It is moving money from productive efforts that create wealth into government programs, which do not. And no, taxing a productive business to give the money to a non-productive person so he can buy something with it is not a net economic gain. It is, however, a great way to get votes.