Pelosi Comes Out Swinging at G.O.P.

[treesahquiche]

By David Herszenhorn

The House speaker, Nancy Pelosi, on Tuesday evening predicted that Congressional Democrats would emerge victorious in the midterm elections because voters would decide that they do not want Republicans to restore the policies of President George W. Bush.

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Well, I'm certainly glad that the Democrats haven't lost all their spine! I wish that the tax cuts would just die, because they don't really help anyone who actually needs them and they comprise most of the deficit. I don't give a damn about the deficit (nations accrue debt, it's the way it works, it's economically viable, take an Economics 101 course if you're still worried), but surely the money being funneled into tax cuts could be better used elsewhere? Tax cuts don't jumpstart the economy, since they don't encourage spending as much as creating jobs by funding existing programs does (and the American economy pretty much runs on Dunkin consumer spending), and it'd be nice to see an increase in funding for education or regulatory agencies like the EPA and FDA (maybe even beef them up a little bit so they'll have the power to intervene in places they should).

(Appropriate icon is appropriate because I haven't slept all night.)