Sunday, January 31, 2010
2010 Midterms
If unemployment rates are still hovering near 10% near the end of this year (which I believe most economists predict 8-10% levels), and the deficit truly hits $1.6 T this year as projected by the White House, it's hard to see how the Republicans don't have a major sweep in the midterms.
Now, while I certainly look forward to a Republican sweep to halt Democratic plans for socialist expansions, I hope the Republicans learned their lesson from earlier this decade about true fiscal responsibility. What happened during Bush's tenure cannot be allowed to happen again - Congress must exert fiscal responsibility and start seriously addressing our ballooning debt and trade deficits. If not, I might start voting libertarian or other party.
Now, while I certainly look forward to a Republican sweep to halt Democratic plans for socialist expansions, I hope the Republicans learned their lesson from earlier this decade about true fiscal responsibility. What happened during Bush's tenure cannot be allowed to happen again - Congress must exert fiscal responsibility and start seriously addressing our ballooning debt and trade deficits. If not, I might start voting libertarian or other party.
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