Tag: Republicans

Deficits matter only if the other party did it

Deficits matter only if the other party did it

About 10 years ago, Vice President Cheney supposedly declared that “Reagan proved deficits don’t matter” as the administration moved us from the surplus at the end of the Clinton administration to the deficits of the Bush administration. Then a few days ago Mr. Cheney realized deficits do matter .

At first I was a bit confused. But then I realized, the difference. When a Republican run a big deficit, it doesn’t matter. But if a Democrat does it, it is terrible. This is true even if the Democrat inherited much of the deficit from his Republican predecessor.

We should all be grateful that this is cleared up at last and that we have a two party system to guide us through this difficult time.

Health Insurance Exchanges on Obamacare and Republican Medicare

Health Insurance Exchanges on Obamacare and Republican Medicare

I do not understand why Paul Ryan, Romney-Ryan ticket, and perhaps Republicans in general seem to believe that having health insurance on exchanges for Medicare will somehow bring down healthcare costs though the magic of the marketplace. But having health insurance on exchanges in Obamacare will not also drive down health care costs.

I hope this is one on many mysteries that will be explained in the next few days or maybe months.