Tag: deficits

Pelosi vs. Reality

There are times when a statement by a politician is so far from reality that it takes a while to be able to come up with a response other than laughter. For instance, in case you missed it, Nancy Pelosi, defending her four years as House Speaker made this astounding claim: “Deficit reduction has been a high priority for us. It is our mantra, pay-as-you-go.” When I first heard her say this, I thought perhaps I had misunderstood, but it… Read more »

An Endangered Tax Deal?

That tax deal I wrote about yesterday may be in trouble. The biggest potential obstacleƂ resides in the outcry on the Left. They feel betrayed by “their” president. They can’t stomach the idea that no one making more than $250,000 will be penalized by higher taxes. In their Marxian worldview, this appears to be unfair. There is no guarantee that enough Democrats in Congress will support this deal. On the Right, there are concerns as well. Sen. Jim DeMint is… Read more »