For those so inclined, the arguments presented here by Representatives Hensarling and Ryan will be dismissed as Republican rhetoric. The mention of Ronald Reagan will doubtless send any number of folks into a tizzy fit.
But critics of Hensarling's and Ryan's arguments should focus on the arguments and leave the authors' political party affiliation aside. What they have to say is solid economics. We didn't have a decade long recession in the 1930s for no reason. It wasn't an accident. You can read about it here.
Are BHO and his Dems setting the table for another extended recession? Hensarling and Ryan think so. What do you think?