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I get fiscal responsibility, but...

July 27th 2009 16:03
So I've been doing some thinking - yes, it hurt a little. But all joking aside, I've been pondering the term "fiscal responsibility." Republicans typically view themselves as the party of "fiscal responsibility" and I'm wondering why. Because any Repub will tell you that Democrats like to "tax and spend" - and historically this is true. And yet I wonder, if a government doesn't "tax and spend," how does it function? When Republicans are in power, how does the United States afford anything at all without spending taxes? Well, while they don't like to admit it, Republicans do a little something called borrowing and spending. They certainly spend their fair share of our tax dollars (on programs I don't necessarily agree with), but in order to spend the monumental amounts of money required for their favorite programs, they must borrow the excess.

And President Obama is not exempt from this model for some reason. While he ran as a moderate liberal, he seems to have proved himself thus far to be a centrist. He is fiscally irresponsible (perhaps he plans to fix this later, but he might have trouble winning a second term) at the moment and he seems to be more concerned with coalition building than any POTUS in recent memory. So, the question I pose to you is this: where does it all go from here? Will our national debt cripple us as a world power in the coming decades, or will we still be able to compete? Also, what is fiscal responsibility for an enormous government like the U.S.? I'd like to hear your thoughts - please feel free to express your opinions, but try to make this a thoughtful debate rather than a Fox News vs. MSNBC talking-point fest.

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