Deficit hawks say that the government should live within its means, like us. They obviously haven’t heard of auto loans, home, mortgages, student loans, or credit card debt. Americans carry trillions of dollars of debt for purchases they couldn’t afford.
For the first time in memory, both major candidates for president of the United States are heading into the home stretch of a campaign without having campaigned for concrete policy proposals. We literally have no idea what either of them would do if elected. All we know is their tone and public personnas.
With Obama’s various plans, the devil isn’t in the details.
There are no details.
