When the Republicans were in power, they didn’t do a good job of being fiscal conservatives. Republican apologists tried to cloud Bush’s free-spending ways by saying there hadn’t been much increase in non-defense spending, as if we shouldn’t consider the billions we were spending in Iraq and Afghanistan.
But the Democrats have outdid themselves this time. Even if Obama and Congress don’t spend another dime after the Stimulus, the deficit will be 13% of GDP. At least the Democrats are living up to their free spending reputation…