We now have the largest budget deficit in the History of this country. That's not a liberal or conservative statement, just a fact. Aggie2008 is correct, if we keep spending more and bringing in less, we are headed for economic disaster.
We are now in such a big hole that no "boom" alone could come close to correcting it.
My funds have done good the last two years, but just because you personally are doing good does not mean you can't see others needing jobs in this area and not being able to find something that will pay the bills.
Daddy Bush raised taxes and paid for it with his political life, but it helped the country start toward balancing the budget and provided the launching pad for the boom of the 90's. Without it, the deficit would have continued to grow and would have choked the economy. Reagan had spent and cut for eight years , and while wildly popular, had created a budget situation that had to be delt with and Bush never got credit for falling on the axe.