Comment Re:Right (Score 1) 207
This will happen as likely as the Democrats actually passing a formal balanced budget. I wish American business was as much about the customer as it is about the bottom line. You know, you can do both.
I hate to get partisan, I didn't even vote all Democrat last election, but the only two Presidents with a post-war balanced budget (actually a surplus) were Bill Clinton and Lyndon Bains Johnson, both Democrats. Today's Republicans, on the other hand, have manged to convince everyone, essentially with corperatist propaganda, that the best way to balance the budget is to cut taxes on the wealthy (i.e. bring less money into the government), and not touch a dime of the Department of Defences' money (the majority of Federal government spending), and then somehow cutting the remaining welfare (less than 10% of the budget) without causing riots or starvation will somehow balance the budget rather than a sound fisical approach. They've been trotting out this "cut taxes on billionaires and it'll bring in more revenue" farce since the "Laffer curve" in the late 70s, using largely discredited models of supply-side economics dating back from the late 1920s. (In other words, the type of economics that leads to worldwide depressions.) Then people wonder why the government seems like it's going to fall like a house of cards financially, and take the rest of the country with it.
I'm not particularly happy with Obama either, mind you, he's quite incompetent at dealing with the mess that Congress hands him, a necessary part of the job of any President, and is really George W. Bush II (with different rhetoric to confuse the peoons) in terms of his actual policies. I should also note that I'm not a liberal or conservative, just someone who's responsible who's tired of seeing our elected officials act like spoiled children on the corporate and special interest doles.