KRAUTHAMMER: …you conducted a Keynesian experiment – here’s the argument – and it did not succeed, because it sprinkled all this money on programs, crony capitalism and government jobs, which is not the key to growth, and that’s the major distinction between the policies of the Left and the Right, Democrats and Conservatives.

MARK SHIELDS, PBS: Well we do all of this equal time of who’s at fault, I just point out one thing: George Herbert Walker Bush dared to raise taxes in 1991. Since that action, 21 years, Republicans have not voted for a single broad-based tax increase, and that’s become the theology of the party, the ideology of the party, the definition of the party, and that is irresponsible.