Romney Considered Tax Hikes Good Things For Reducing Debt

While making a case for a better credit rating to Standard and Poor, Mitt Romney credited recent tax hikes (enacted by a former governor) after he become the top man in Massachusetts.

Now he continues to rail at Obama to cut taxes as he tries to win over Teaparty voters.

See Dave Wiegel's piece in Slate Romney's Pitch to S&P Included Tax Hikes

Two Good Analyses On Standard and Poor's Downgrade of US Credit

Feeling Lost in the Wilderness?
I see a small path just to the left of center, that heads over the rise. And because this is Palm Desert we ought to see Palm Springs rising up from the sands soon.

The picture above uses Flickr's native placement and attribution coding. Roll over pic to see photographer's name. Click on it to go to original site, find other sizes, and higher definition copies. We are grateful to the Flickr folk who offer their pictures to share with a Creative Commons atribution license.

Of course most political comedians (and President Obama) have also noticed that S&P helped create our current problems in the US predicament by rating junk loans as "Triple A".

But I also recommend

Paul Krugman's latest column (in mobile form for those who need it and readable by all): Credibility, Chutzpah and Debt

and

(especially if you've exceeded you 20 article limit at the Times already)

How to Get Back to AAA (Hint: It's Easier Than You Think)