Quote of the Day

[jpmassar]

Taxes are going to have to be raised. The beast needs to be trimmed back, but it can't be starved enough to even begin to cope with our fiscal problem. And this is where I think all the politicians are faking, in both parties but the Republicans especially. The Republicans think their mission in life is to cut taxes. Sorry, game over. We're now in the tax raising business, and we're going to be in the tax-raising business for the next decade.

Said this weekend by?

• John McCain (Senator, R-AZ)
• Dennis Kucinich (Congressman, D-OH)
• Alan Greenspan (Chairman, Federal Reserve, 1987 - 2006)
• Scott Brown (new Senator, R-MA)
• Paul Krugman (Nobel economist and NY Times columnist)
• David Stockman (Budget director, Reagan administration)
• Henry Paulson (Treasury Secretary, Bush II)

David Stockman