Apparently, more debt isn't so bad when it comes with a tax cut.

I'll say this for them: The Wall Street billionaires and corporate CEOs behind the "Campaign to Fix that Debt" have a lot of nerve. Once again they're using cheap scare tactics, along with some manipulative "nudging," to drum up support for cutting Social Security benefits.

Alf Landon, the Kansas governor running as the Republican Party's 1936 presidential candidate, called it a "fraud on the working man." Silas Strawn, a former president of both the American Bar Association and the U.S. Chamber of Commerce, said it was part of President Franklin D. Roosevelt's attempt to "Sovietize the country."