MSM Goes Into Illogical Overdrive to Discredit Fiscal Rectitude

This is really beginning to fry my ass. In a logical escalation of the perverted notion that lowering taxes or even keeping them level is a "cost" to the government, alot of the financial punditry is blaming the tax rate extension deal for the rise in interest rates. That's simply off base and I've addressed that, but the premise that leads to that conclusion is the real problem. The media is rife with this poison, but I'm going to pick on the WSJ's Brett Arends, only because I saw him on Kudlow last night spouting this rubbish. Like so many others, Arends seems to think that the minute the government decides to spend money, they have a claim on our money. None of these guys seems to get the concept that it's our money, not the government's, so we'll have to attack this idiocy on another flank. Arends seems to think that we are borrowing money to fund tax cuts. I don't how a man employed by a leading business publication can say such a dumb thing and keep his job. No legitimate business in the world borrows money to act as revenues. If company A loses company B as a customer, it does not borrow to make up for the lost revenue, and it certainly doesn't go to company B to bitch and moan that it now has to go out and borrow to fund it's expenditures. Imagine an enginemaker losing Ford's business then borrowing to build engines anyway and then lamenting that it had to borrow to pay itself for the engines that Ford selfishly won't take. You borrow money to fund expenditures and only expenditures, revenues are never "funded", they must be generated. If you lament the borrowing you can only then logically reject the expenditures, you cannot reject the deficiency of revenue. Not possible. Sorry. That is the world. The sky is not green and the grass is not blue. We have to destroy this cockamamie notion that we are borrowing to hand money to rich citizens. We are borrowing to feed the government's spending appetites, which have exceeded the citizenry's ability and willingness to cover. Pure and simple, but I'm afraid the MSM is going into overdrive with their illogical fiscal theory in order to undermine the Republicans' attempts at fiscal rectitude, such as they may be.