Although our intellect always longs for clarity and certainty, our nature often finds uncertainty fascinating.

- Karl von Clausewitz

Conservative Means?

If you are looking for a fiscal conservative, you may want to go (L)ibertarian:

House Majority Leader Tom DeLay said yesterday that Republicans have done so well in cutting spending that he declared an "ongoing victory," and said there is simply no fat left to cut in the federal budget.

Mr. DeLay was defending Republicans' choice to borrow money and add to this year's expected $331 billion deficit to pay for Hurricane Katrina relief. Some Republicans have said Congress should make cuts in other areas, but Mr. DeLay said that doesn't seem possible.

With a budget of about 2,500,000,000,000, there is nothing left to cut? Pork does not exist? It looks like that 7,900,000,000,000 national debt will have to just keep growing, because we are as fiscally conservative as possible.

What’s the difference between a (D)emocrat and (R)epublican when it comes to spending your money? No, this is not a joke, we’re asking, what is the difference?

posted at 08:51:37 on 09/14/05 by clearpolitics - Category: Economics - [Permalink]

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The Gross National Debt