Bottom line is we NEVER could afford ANY of the Bush tax cuts. They were passed when We The People were then $6 TRILLION in debt and by 2001 the surplus was disappearing.
Now that debt has increased by another 10 trillion the past 11 years.
We The People have now pissed away some 15 trillion on ourselves the past 30 years THAT WE REFUSED TO TAX OURSELVES FOR. Unless we do, it's the biggest theft in history… by our generation from our kids and grandkids. Yet many, especially on the Right, believe this $15 trillion free lunch wasn't enough and they are overtaxed!
It's too late to complain that money was spent poorly. It's OUR generation's debt... and it can NOT be paid down with spending cuts. Debt can ONLY be paid down with excess REVENUE over spending. Sadly, the GOP can NOT be trusted to use a surplus to pay down debt. Bush proved they'll do anything possible to create MORE debt as part of their Starve The Beast strategy.
Despite the fact revenues in constant dollars have been virtually FLAT, only exceeding 2000 levels twice in the past 12 years, the GOP insists tax cut we never could afford MUST be extended. And now the Dems have joined this insanity by insisting that only the tax cuts for the rich must be phased out as if we could afford the rest. Sadly, tragically, both our parties are playing politics with the debt.