Economy

How Far We’ve Come

This wasn't very long ago.

Every single Republican primary candidate raised their hand when asked if they would turn down a deal that included 10 dollars in cuts for every 1 dollar in new revenue.

During the presidential debates, Mitt Romney also, once again, reiterated that he would not accept a deal that included a 10:1 ratio of cuts to revenue.

And as recently as the middle of December, congressional Republicans rejected the idea of a 10:1 ratio.

Fast forward to today, and President Obama and the Democrats managed to pass a bill with a 1:41 ratio of cuts to revenue. And Paul Ryan, Mitt Romney's running mate, voted for it.

In my opinion, to insist that this was anything other than a sweeping victory, or that it was some kind of "cave," is not only foolish, it also gives me reason not to take you seriously on other subjects. Because it really flies in the face of logic.