WHAT?

RealClearMarkets - The Hidden Truth About the Bush Tax Increases: "During the eight years of the Clinton Administration the Federal government collected a total of $5.66 trillion dollars in individual income taxes. During the eight years of the Bush Administration the Federal government collected approximately $7.45 trillion dollars in individual income taxes. The rich - that is, the top 1% of taxpayers - not only forked over a trillion dollars more to Uncle Sam under Bush than under Clinton, their share of the income tax burden increased from 33% to 38%.

But wait, there's more.

During the eight years of the Clinton Administration the rich paid income taxes at a blended rate of 20.6%. During the eight years of the Bush Administration the rich paid income taxes at a blended tax rate of 21.3%."

That's right. You've been brainwashed to within an inch of remembering to even breathe. This is a definite RTWT. Beyond RTWT in fact for those who need to brush up on their math skills.

The real problem is the same as under Reagan -- even though revenues went up, spending went up even faster.

SPENDING. IS. OUT. OF. CONTROL.

The feedback loop is broken and now we're broke.