Thune right: Democrats in denial about fiscal crisis

 Sen. John Thune, R-S.D., argues in Politico that the nation’s fiscal problems cannot be solved by tax increases. As Sen. Thune observes, Congressional Democrats, including House Minority Leader Nancy Pelosi, seem to believe that we don’t have a spending problem but only a revenue problem. Translated into wishful thinking, the lingua franca of modern governments, this means that we don’t have to cut spending at all. We only have to rake in more money in taxes.

By Kenneth C. Blanchard Jr., Aberdeen

February 19, 2013