In response to:

The Kingdom of Fairness

stangerinmyownland Wrote: Dec 06, 2012 1:47 PM
Not all of the 49%. 49% don't pay income tax. That was Mitt's point, arguing that running on lower taxes was not a selling point to 49% of the American public. That 49% includes conservative retirees including retired veterans, many conservative disabled, young people, etc.

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...