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    Please, let’s go through this again

    Please, let’s go through this again

    One of the consistent media talking points is that the nation “should not have to go through this again,” meaning the debate over raising the debt ceiling.

    I could not disagree more, and look forward to going through this — or something like this — when the “super committee” makes its recommendations (assuming the deal goes through), when we argue over the expiration of the Bush tax cuts as part of the presidential campaign, and all next year.  This has been one of the most informative and nationally enlightening debates we’ve had.

    People have become educated as to the dangers of deficits and the debt.

    By all means, we should have to go through this again, soon.

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    Comments


    Too bad they don’t mean we should not have to go through this again because we won’t go over budget again. But, they want to avoid this one small symptom of a fatal disease.

    I’m with you, until a cure of the disease is begun, we need this symptom again and again and again.


     
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    Milhouse | August 1, 2011 at 9:09 pm

    The “debt deal” did not cut any spending. It merely decreased the increase.

    Exactly, and to me that means it’s not even minimally acceptable. To me an acceptable compromise would be to cut spending by $1. This doesn’t even do that.

    […] also find myself in concord with Professor Jacobson whose short post on the topic is included here in its entirety,: One of the consistent media […]

    We are still learning government-speak about “baseline funding,” or “baseline budgeting.” Paul Ryan’s visit on Hannity tonight points that out. One order of business now is to get rid of that slight-of-hand that makes it so easy for politicians to have more money to spend.


     
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    bobby b | August 2, 2011 at 4:32 am

    Throughout this all-consuming, nation-wide, to-the-bitter-end debt ceiling cap debate, the President and Congress were too busy to pass any expensive, deficit-boosting, social-engineering legislation.

    We should do these monthly.


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