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> W: Here is a quote of Peggy Noonan whose WSJ columns I frequently read. I
> think she sums up the two parties’ basic positions succinctly. Nowhere does
> she recognize the reality of Federal spending driving the whole economy. She
> still sees the US Treasury as a kind of piggy bank that has to be full before
> you can draw on it for any purpose.
> ”The national conversation on the economy is frozen, and has been for a
> while. Republicans say tax cuts, tax cuts, tax cuts. Democrats say spend, new
> programs, more money. You can’t spend enough for the Democratic base, or
> cut taxes enough for the Republican. But in a time when all the grown-ups of
> America know spending is going to bankrupt us and tax cuts without spending
> cuts is more of the medicine that’s killing us, the same old arguments, which
> sound less like arguments than compulsive tics, only add to the public sense
> that no one is in charge.”
> Uncle D.