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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: Sam who wrote (132913)	3/12/2010 10:43:52 AM
From: slacker711	Respond to of 541054

Sure, changes to tax code was economically beneficial in the short run, but those changes didn't have to be so drastic as to wreck the budget. We also need regulation, but without all of those measures that take us into things like price control. There is a balance, and when things go to far in one direction the electorate responds. Of course, Reagan also could have managed to get a handle on spending. Something no Republican president has managed to do. The closest we came was with a Democratic President and a Republican Congress. I doubt that we'll get a Republican Congress after the mid-terms, but I'm hoping that greater leverage on the part of the Republicans will give us a similar dynamic in the next few years. I do think that Obama and his team are at least somewhat cognizant of the fact that the greatest danger to the economy going forward is the deficit. Slacker