Is Spending the Answer?

If spending was the solution, we never would have had a problem. During the last eight years, we’ve blown up the size of government and certainly had no want of spending on foreign or domestic policy. The Bush administration increased spending almost 20% its first term, and nearly doubled the national debt by the end of the second term. Certainly the case cannot be made that lack of government spending created the problem or can be the solution.

Fiscal discipline and budget cuts are not on the administration's economic agenda, not while the printing presses are overflowing with fiat dollars to throw at failing businesses. Key quote: [H]ousehold debt is beginning to fall as consumers wake up to the realities of paying off debt and living within their means.

Wouldn’t it be great if the government would do the same?