Deficit Reduction Pt. 1

Matthew Hoy
By Matthew Hoy on November 11, 2010

It’s not supposed to be out until Dec. 1, but the two co-chairmen of President Obama’s deficit reduction commission released their “starting point” earlier this week.

There’s some good things in the plan, and some bad things. The commissioners start out with a handicap in that the assumption that Obamacare remains the law of the land. The commission continues to assume Obamacare’s selling points and it’s now-discredited claim that it bends the cost curve down.

Furthermore, the commissioners want to roll back discretionary spending only to 2010 levels – locking in the massive expansion of government that’s taken place over the past two years.

Despite this month’s election results, it appears as though many Democrats – especially Nancy Pelosi – continue to insist on using any discussion of Social Security reform as a way to attack Republicans.

The fact that Rep. Paul Ryan’s roadmap continues to be a source of partisan attacks rather than a starting point for an adult discussion shows that there are too many people who aren’t really serious about facing our problems.

Is this going to work? Will we get serious changes?

Don’t bet on it. Politicians have got to get elected and the fact that this month’s tidal wave wasn’t even greater (and missed California entirely) means that there’s still a solid portion of the American electorate that isn’t interested in growing up.

Tags

[custom-twitter-feeds headertext="Hoystory On Twitter"]

Calendar

November 2010
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
2930  

Archives

Categories

pencil linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram