FordTruck5Speed says: "The thing we ought to be thinking about is making the Bush tax cuts permanent...Thinking big picture here, in addition to keeping taxes low,"

LeRoy: The 'big picture' item you are not seeing, even though it is staring you in the face, is the exploding size of the national debt. It has nearly doubled in the last seven years, from ~$5.1 trillion to ~$9.6 trillion. [And that is using the numbers from the highly questionable accounting methodology that is usually reported in the press, which some finance professors have dubbed 'Enron-style accounting; the real picture is much worse.]

A few weeks ago, the Wall Street Journal published an analysis of what John McCain's proposed fiscal policies would do. It was not pretty. Making the Bush tax cuts permanent, and adding even more on top of it, as McCain wants to do, would cause the national debt to simply balloon.

You seem to be a devotee of Cheneynomics, the wildly irrational notion that the national debt, and budget deficits, simply don't matter, and that we can just ignore them.

It is that kind of toxic thinking that has got us into the mess we are in today.

A nation cannot borrow its way into prosperity. Sooner or later, the chickens come home to roost.