And so what we don't want are more bailouts, more printing, more regulating, more borrowing, more Washington-knows-best.
What we want are pro-growth economic policies that are proven to work. We want people to go back to work by growing this economy, not by growing government. The problem we have is not unlike the problem many other countries have.
For decades, politicians from all political parties have made lots of empty promises to get votes. And sooner or later, when the borrowing runs out or when we can't borrow like we have, those empty promises become broken promises.
That's what Europe's involved in right now. They're in a debt crisis. They're slashing benefits for retirees right now, cranking up tax rates; young people have no opportunities. That's the future we will have if we don't get this situation under control.
President Obama, when he was running for president, said that a $10.6 trillion debt was unpatriotic. It's a $16 trillion debt now.
I wonder what he would call that. He's presided over a $5 trillion increase in our debt.