Does anybody remember 2000, when America had lots of money?
A massive federal surplus promised to provide a solid financial foundation for national growth for years to come. Vice President Gore ran on the platform of protecting that surplus from wasteful spending, pledging to put the suprlus in a "social security lockbox," a phrase which became synonymous with the Gore campaign due to the SNL debate sketches.
Then George Bush became President. He directed Mitch Daniels to spend that surplus on tax giveaways to corporations and individuals who make more than a quarter million dollars in a year. At the same time, he plunged America into two costly wars, one unnecessary, that the military (and our national budget) is still fighting its way out of.
Now the Republican party wants Americans to trust them to cut spending. It's crazy. It's desperate. It's pathetic. But most of all, it's crazy desperate pathetic.