In response to:

“The Unanswered Question”—On Taxes and Spending

tporter Wrote: Nov 28, 2012 2:34 PM
Sequestration is actually a good idea - let it happen. It will cause real spending cuts. Giving Obama his increased taxes will reduce the deficit. Not worth the fight. All those folks who voted for Obama can now have skin in the game and maybe a few will wake up.
gungy Wrote: Nov 28, 2012 2:52 PM
It's not a good idea if Republicans get blamed for it. Republicans need to step out of they way, let the Democrats have theirs, and let the bad times roll. Only then will Obama OWN it and people start to learn that the socialist proto-Marxist c rap they were taught in skrewl is a pack of lies.

Editor's note: A version of this column appeared originally in THE DAILY BEAST.

In the debate on our fiscal crisis, one crucial question is never answered or even asked: if we’re supposed to go back to Clinton-era tax rates because they were good for America, why don’t we simultaneously return to that era’s spending rates?

In other words, what is government doing so much better today than it was then to justify vastly increased expenditures, totaling more than $1 trillion a year in inflation-adjusted dollars?

The question came up during our Thanksgiving holiday, when I honored my personal tradition—which reliably annoys...