The scam is perpetuated by both Republicans and Democrats...with the help of the media.
Question...was the government really too small just 8 years ago to do it's job?
Another question...Some here have suggested returning to the Clinton policies, namely the tax rate...how about returning to the Clinton Budget? Was government too small under Clinton?
Federal revenues were about $2.1T in FY2010. We're on pace for the same in FY2011. So assuming the government collects the same in FY2012, Congress just needs to adopt the 2003 budget.
That's it. That's all it would take to balance the budget. If we adopted Clinton's budget, the government would have an even bigger "surplus" than what Clinton had.
Yet proposals by both democrats and republicans it would take anywhere between 10 to 30 years to balance the budget...provided that future congress would respect the budgets...something they are not legally required to do. Our current congress, short of an amendment, has no say on what congress in 2019 will do.
Was the federal government really too small just 8 years ago?