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It reminds me of the shift between the 1996 and 2000 presidential campaigns. Bill Clinton opposed Republican tax cuts because they would "blow a hole in the deficit." Al Gore opposed them because they would "blow a hole in the surplus." Now, this isn't necessarily inconsistent -- you could, of course, just want to maximize federal revenues all the time. But it certainly suggests broad-based tax cuts are to be ruled out regardless of Washington's overall fiscal situation.

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Bill Clinton

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More Blog Posts by W. James Antle, III

http://spectator.org/blog/2007/01/08/re-deficits-matter-1
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