Today’s ruling Republicans are way past fiscal insanity. This from Andrew Sullivan’s blog praising another conservative for recognizing this fact:
“US GNP grew 27 percent from 2000 to 2004. The government’s total estimated fiscal exposure (total of public debt plus military and civilian pensions, social security and medicare obligations and other), according to GAO, increased in the same period by 212 percent. The debt to be paid by the next generation went from $20 trillion to $43 trillion.”
It bears repeating that over these four years Republicans have controlled every branch of government in the Nation’s Capitol.