In response to:

The Kingdom of Fairness

GPeyton Wrote: Dec 06, 2012 1:27 PM
Also, regarding your summary: "There is now only one commandment in the new Kingdom of Fairness: Make less than $250,000, and the government will ensure that you, the deserving, get your fair share. Make more than that, and the government will demand that you, the undeserving, will pay your fair share" You left out one thing - make A LOT more than $250K and you can buy your own indulgences from Barry and Co.

We are still borrowing more than $1 trillion a year. Barack Obama has added more than $5 trillion to the national debt in just his first term alone. Such massive borrowing is unsustainable. Someone somehow at some time has to pay it back.

Obama would agree. He once alleged that George W. Bush's much smaller deficits were "irresponsible" and "unpatriotic." Obama himself vowed to cut the budget deficit in half by the end his first term. Instead, Obama's annual deficits have never gone below $1 trillion.

Three ways to establish a long-term trajectory toward a balanced budget were under...