Sorry, but this isn’t necessarily true. It’s an elementary arithmetic fact that raising taxes will cut the deficit, as long as it isn’t accompanied by spending increases that are larger than the tax increase.
You can balance a budget by raising taxes, or by cutting spending, or by some of each. I’m in favor of the “some of each” option myself, but it’s simply not rational to argue that tax increases alone can’t reduce deficits.
Once again, do you have a cite for the claim that Bush’s SS privatization plan was in fact “meaningful reform”? Once again, as far as I can make out, what Democrats (and many Republicans too, by the way; Democrats alone couldn’t have killed Bush’s plan if more Republicans had supported it) “stood in the way of” was an ill-considered and overly expensive privatization scheme that would cause more problems than it solved.
Your last remark about it a few posts ago seemed to claim that we don’t even actually know what Bush’s plan would have accomplished in terms of savings, because no specific legislation for it was ever introduced (and, I would argue, because the Administration deliberately glossed over the details of the shaky financial policies). But now here you are back again, repeating the vague accusation that “Democrats stood in the way of meaningful reform”. Once again, what’s your evidence that the plan that the Democrats opposed qualified as “meaningful reform”?
Actually, if “disaffected Republicans” like yourself are really serious about not voting for candidates who won’t reduce spending, then they won’t vote for most of the current crop of Republicans either. If enough of them just stay home on Election Day, that will solve the Dems’ problem too.
Unfortunately, it seems that a lot of Republican voters are willing to keep voting for Republicans who merely talk about reducing spending more than the Democrats do, irrespective of how much they actually spend.
How you figure, John? I’ve been using the term “privatization plan” myself in this thread, and I didn’t think anybody had a problem with it. In fact, IIRC, it was a standard description of Bush’s proposed policy in much of the news coverage, such as this hardly-left-wing USA Today 2004 headline:
and is used in many of the article titles in this even-less-left-wing Cato Institute issue page, e.g.:
I thought it was a reasonably descriptive way to refer to the proposed intention of transferring (at least some of) Social Security revenues into private individual accounts. Disagree?