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Bush's huge tax givaways to the ultrawealthy have given Kerry an interesting advantage:  by having a conveniently large dollar figure which, by merely repealing Bush's tax cuts, Kerry can point to as the cost of his health care plan, he is immune to the question of how it will all be paid for!

In these days of 'borrow and squander Republican' the tired old criticism of Democrats that they were the 'tax and spend' party has morphed into the similar but positive 'pay as you go' party.  Who'd have thought the Democrats would embrace the idea of taxing and spending and have it resonate as both responsible and prudent?

Originally posted to M31 on Sat Jul 31, 2004 at 08:42 PM PDT.

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  •  Funny how things change (none)
    And funny to think that we have Reagan to thank for it.   Surprised?   Remember it was Reagan and Stockman and Co who had the idea that if the government was bled into insolvency that social programs would need to be slashed.   One problem, many of those programs were (ahem) widely acknowledged to be essential, and a political third rail to eliminate.   Oooops.   Having locked themselves into a low-tax stance, the GOP found itself having to either "flip-flop" (and we KNOW how resolute they are!) or forget about a balanced budget, as had been their mantra.  

    Somebody flipped a coin, balanced budgets lost.   That left the Democratic Party with a nice opportunity for a "pick up", which is what has happened in recent years, helped by ChimpCo and Cheney proving to be even more clueless than the Reagan era economists, and petrified at what happened to Bush v.1.0.

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