Thursday, November 12, 2009

Major Deficit Reduction Proferred

The administration has offered their first attempt at reducing the deficit, they're going to utilize unused TARP funds. A brave, disciplined move no doubt. I mean let it sit around a little longer Nancy and the troops will find a way to spend the cash. The country is in a quandary, Obama has promised not to raise taxes on those taxpayers making less than $200,000 (or was it $250,000, no matter), but the fact is that absent raising taxes the debt load is daunting. Moreover, it somewhat robs the Republicans of their primary legislative offering, lower taxes. No worry, nothing to see here just move along. Our feckless politicians will continue their dopey dance, providing no leadership whatever. Our government is failing (although not in a way knucklehead Glenn Beck screams about), but we continue to fiddle while Rome burns, alas.

1 comment:

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