Saturday, November 17, 2012
The Democrats, on the other hand, are pushing to raise taxes and to resist any cuts in entitlement spending.
While raising taxes is going to hurt the economy, it nonetheless has the support from a lot of voters. most of whom has less understanding or market economics than a high school freshman. And while cutting (at a minimum, the rate of growth of) entitlement spending is something that probably has to be done to restore long term sanity to the budget, it is nonetheless opposed by a lot of voters, most of whom couldn't distinguish between deficit and debt.
Can anyone figure the side that has the advantage politically?