And I can tell you that history will back up what I'm about to say and that is that there is no government run by conservatives, Republicans, put whoever you want there, if you give government the opportunity to spend more money than it has, it will do it. It will do it every time.
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I can't really criticize the Tea Party people, because I came into the White House pretty much on the same basis that they have become popular. That is dissatisfaction with the way things are going in Washington and disillusionment and disencouragement about the government.
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Most people in this country are very fair-minded; they understand we're in the middle of a very difficult journey of repairing, rescuing, restoring our British economy, and they want us, and they want particularly Liberal Democrats in government, to fight for the fairest possible way of doing that.
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We don't need new taxes. We need new taxpayers, people that are gainfully employed, making money and paying into the tax system. And then we need a government that has the discipline to take that additional revenue and use it to pay down the debt and never grow it again.
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There used to be this feeling under Eisenhower and Kennedy and Roosevelt and Truman that government was a solution. Trust in the presidency fell precipitously under Johnson - real lows. And it's never come back. It's a trend that, if you're liberal, is really discouraging.
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Urban America has been redlined. Government has not offered tax incentives for investment, as it has in a dozen foreign markets. Banks have redlined it. Industries have moved out, they've redlined it. Clearly, to break up the redlining process, there must be incentives to green-line with hedges against risk.
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