Only time will tell
Now both the Dems and Reps have a spending issue. At least prior to this term you could count of the GOP to be the budget hawks and at least try to keep spending in check. Now we have a group patting themselves on the back for giving themselves a huge tax cut while giving moderate cuts to the working class, causing a revenue decrease of a trillion dollars, while also passing one of the largest spending budgets. Remember a negative minus a negative equals a negative.
Also how fast we forget...our economy was on the brink of collapse and the banking system collapsing, housing market crashing. Bush started the recovery / emergency bailout plan to stabilize the markets and banking systems, while Obama and his team continued with the bush plan to bring this country out of the tailspin. While Obama did not create the problem how many times did you hear him blame Bush for the troubles he inherited? At least Bush and Obama had good advisers who understood economics and they listened to their advice and did not meddle.
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