There is an instinctive conclusion among the American public that President Obama’s stimulus package has failed to create a sustained recovery. Unemployment has increased, not declined; consumers have retrenched; housing starts have crashed along with mortgage applications; and there is a fear that a double-dip recession may very well be in the pipeline. The public perception, reflected in Pew Research/National Journal polls, is that the measures to combat the Great Recession have mostly helped large banks and financial institutions, and that’s a view common to Republicans (75 percent) and Democrats (73 percent). Only one third of either political leaning thinks government policies have done a great deal or a fair amount for the poor.
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There is another instinctive conclusion among the American people. It is that the national deficit, and the debts we have accumulated, are of critical political importance. On the national debt, the money the government has spent without the tax revenues to pay for it has produced mind-numbing numbers so large as to be disconnected from reality. Zeros from here to infinity. The sums are hard to describe; it is hard to describe an elephant, but you know one when you see one. The public knows that, shuffle the numbers as you may, the level of debt is unsustainable.

...The United States simply seems to lack a system that can fund the government that the people say they want. We are good at crises, but we do not seem to be good at tackling chronic problems. If we wait until a crisis happens, it will be too late. It is simply not possible to close the gap entirely with the tax increases on the rich that Democratic liberals so desperately believe in. Nor can we close the gap with spending cuts, as the Republicans would like. The liberals will have to concede that benefits and spending ought to be reduced. Conservatives will have to concede the need for higher taxes.

Hope may lie in a new bipartisan panel headed by Erskine Bowles and Alan Simpson, two unique, wise, and centrist political leaders whose characters raise some degree of confidence that they might be able to come forth with productive programs. As former President Clinton said of them, they “are free enough to disregard the polls but smart enough to take them into account.”

But let’s not forget, current budgetary trends are capable of destroying the country. As Bowles pointed out, according to a Washington Post report, we can’t just grow our way out of this. We can’t just tax our way out of this. We have to do what governors do—cut spending or increase revenues
in some combination that will begin to pull us back from the cliff.

Obama must know that if he doesn’t address this, he will be the president who drove us toward a debt crisis. And so too must Congress, for both have now participated in the most fiscally irresponsible government in American history.

http://politics.usnews.com/opinion/mzuckerman/articles/2010/08/26/the-most-fiscally-irresponsible-government-in-us-history.html

Kaipo,
If you are going to copy and paste so much of an article into the forum why not just paste the rest in and not bother with the link?

I think the idea is to demonstrate some actual comprehension of an article by composing a brief summary in your own words with maybe a BRIEF quote or two and then provide the link.  While you have an impressive post count of well over a thousand - many more than the admins - and have turned this part of the forums into your own de facto bad faith partisan blog - there are not very many posts of yours that contain any information that you personally contributed or that demonstrate any effort on your part to do anything but act as a conduit for and provide a hollow echo of the thoughts of somebody else.

The most fiscally irresponsible administration in recent US History would have to be one that entered office with a large budget surplus and left office with a projected $1.3 trillion deficit for Fiscal Year 2009 which started on Oct 1, 2008 - four months before Obama was in office.  That never stopped the right from adding that deficit to Obama’s account.  The fiscal year for which the budget was developed by the current administration will end in another month and will be around the same $1.3 trillion dollar figure - bad, but no worse that what came before.

Your opinion is duly noted. I have not had any complaints from the forum administrators.

The most fiscally irresponsible administration in recent US History

As stated in the title of the article it is a government issue, not an administration issue. Both sides have their share of the irresponsibility. I purposely did not edit out any references to Republican problems because they do exist.

Don’t forget that the Democrats took over control of the budget in 2006. So your ending date (“Oct 1, 2008”) comes under the Democrats watch, Bush helped by being a fiscal idiot and signing the budget instead of vetoing it.

I have made these comments in the past and it is good when it is co-oberated by someone in more mainstream media.

For starters:  Yes, I will forget that the Democrats took over control of the budget in 2006 because they did not.  The Democrats won majorities in November of 2006.  The Fiscal Year 2007 budget was already underway.  The first budget the Democratic congress passed was the FY2008 budget that started in Oct 2007.  In any case the Bush administration still presented to the congress the basic budgets for 2008 and 2009.  The Democratic lead Congress made its changes to the bills, then Bush made all sorts of signing statements about how he was going to interpret the bills and then sent his people to work to administer the way the money was actually spent.  So don’t try to pass the buck to the Democrats too soon.  The Democrats do have sole responsibility beginning with the FY 2010 budget (Oct 01, 2009 - Sept 30, 2010 except for the fact that the Senate has such arcane rules that the Republicans have been able to stop the Democrats from getting their way on a number of things. 

I don’t remember a whole lot of you righties complaining very loudly about Bush’s spending in the previous 8 years - may have been some - but certainly not so much. These claims of having been critical of Bush as fiscally irresponsible amount to a rhetorical tactic and nothing more and I’m not falling for it.  Bush did not wield his veto pen much but he had 8 budgets to veto and six of them were sent to him by Republican controlled Congresses and many of those Republicans are still around.  Bush may not be around anymore but McConnell and McCain and Boehner and Cantor and Chambliss, Crapo, Cornyn, etc, etc are still around.  Where is your criticism of their part in the mess?  I think the intent of this rhetorical tactic is to deflect any responsibility for the fiscal problems from the Republican Congressional leadership. 

I think the word you were looking for is “corroborated” not “co-oberated”

Blaze

You weren’t paying attention. Us righties were not happy with Bush on his fiscal irresponsibility. Don’t confuse us with the RINOs in congress.

Thank you for the proper word.

LOL you Righties elected Bush. You supported the fascist administration. You glorified fiscal irresponsibility. You flip - flop and wallow in hypocrisy. Oh no Oh no I was never an Republican Oh no Oh no I would never vote for one of THEM

LOLLOLOLOLOLOL oh man you guyz are great for loosing a few calories