Which Party is Monetarily Responsible?

Listening to the Speeches at the Republican Convention, it is interesting to hear the old Republican mantra that they are for "lower taxes, less spending, and small government" as opposed to those Democrats who favor "high taxes, more spending, and big government." But this is so blatantly untrue. George Bush inherited a balanced budget and destroyed it. When it comes to spending, the Republicans are not shy about it. They just spend on different interests. In the past 8 years, the money we spent in Iraq makes any money spent on public welfare look like small change. And how did the Republicans spend so much without raising taxes? They borrowed the money. And who will pay this debt? You and I.