Sen. Kyl’s dishonest grandstanding on the economy.
Did you read Sen. Jon Kyl’s remarks in the National Review? Kyl smugly predicts the end of the tax cuts for the rich passed by Republicans in 2001 and 2003, and the end of American prosperity. Blame it all those nasty Democrats, according to Kyl.
Even while he spews kudos all over the Republican party, Kyl conveniently ignores the big hairy 800 lb. gorilla sitting on his lap: the national debt.
With little fanfare, the U.S. National Debt clock is set to trip over the $9 trillion.
In 2000, the U.S. debt was at about $5.7 trillion. Thanks to six years of Republican mismanagement of the nation’s finances, that figure is up more than 50% today. What we are really witnessing to day is the fact that it is possible to one helluva tax cutting party, even while waging war, if you steal your children money. $3.6 trillion buys a booming economy.
Long after this horrible administration has left office, our children and grand children and great-grand children will be stuck paying the interest on this gigantic debt.
No doubt as this house of cards comes tumbling around our kids some day, a long-retired and senile Senator Kyl will yearn for the good ol’ days when everything was just peachy, thanks to the Republican party. He doesn’t get it now, and it he won’t get it then: this prosperity is no thanks to the Republican party, but rather, thanks to your children and the yet-to-be-born, for it is they who will bear the cost of the Republican party’s tax cuts for the rich, at the cost of their own standard of living.
If the Republican Party, typified by Senator Kyl, had been forced to raise taxes to pay-as-you-go for their Big Government activities and war waging, Americans would have been up in arms. But even as the Republican’s big Government slowly steals from our kids to finance itself, the Senator claims “higher than expected tax revenues,” the truth is that those revenues fall far short of funding Bush’s spending spree.
Senator Kyl, shame on you. If you want to take credit for this “booming” economy, then also take credit for the Debt and all that it foreshadows for our kids.