Andrew Sullivan is one of them. He "remains fiscally obsessed with balancing our books. We'll happily credit either party for making the biggest effort to get us there."
...The record of the past couple of decades, especially the last one, leads me to believe that the greater threat to America's fiscal future lies with the GOP. But the Dems have yet to show any spine on entitlement cuts. Seeing how health insurance reform's Medicare cuts fare will also be a revealing moment.
What he doesn't mention is the timing. Procrustean urges to avoid all debt during an economic downturn are self-destructive. That's something neither side seems to get unless they're reliable economists.
With the notable exception of members of the Austrian School, pure libertarians, and some others, there is remarkably little disagreement among professional economists around the world that in times of downturn, short-term fiscal stimulus and public spending can reduce the effects of a downturn. ...James Fallows
