Deficit Due To Over $pending By Big Government



Opinion Editorial



Teresa Tritch

 This is something new by the New York Times.Putting a member of its left wing socialist editorial board now posturing as an OPED columnist.She is a woman by the name of Teresa Tritch who claims to be a journalist.This is an oxymoron big time.
 Her piece this morning is entitled "How the Deficit Got This Big." Nothing new from the rest of the biased BS from her cohorts at the NYT.
 She begins her whining "With President Obama and Republican leaders calling for cutting the budget by trillions over the next 10 years, it is worth asking how we got here — from healthy surpluses at the end of the Clinton era, and the promise of future surpluses, to nine straight years of deficits, including the $1.3 trillion shortfall in 2010. The answer is largely the Bush-era tax cuts, war spending in Iraq and Afghanistan, and recessions. "
  Wrong answer we got to our current situation because of excessive Government $pending.There was a so called surplus after the Clinton years because of the higher tax income tax rates going back to 1992-1993 and with the GOP takeover of both the US House and US Senate in the first midterm election under the Clinton years back in 1994 after that Welfare reform was passed by the Conservatives and Clinton was forced to sign it into law.It appears that people like Tritch don't get it it's blame Bush Syndrome all over again.
  This is the result of drinking the liberal kool-aid "the Bush tax cuts have had a huge damaging effect.Government has to spur demand and create jobs."Wrong wrong and wrong again.
  Here is where liberals like Tritch get it wrong once again "The chronic revenue shortfalls from serial tax cuts are simply too deep to fill with spending cuts alone. Taxes have to go up."Nice try Tritch because when taxes are cut revenues go skyrocketing and the usual communist answer to an economic problem is taxes have to go up BS thinking.