Tuesday, December 11, 2012

They've Never Cared About The Deficit

Deficit hawks generally oppose deficit reduction plans (see "fiscal cliff").

“The Clinton plan doesn’t come close to balancing the budget, even in the near term,” wrote Peterson. “Inevitably, Clinton’s deficit path will mean a much larger public debt.”

They want lower tax for rich people and, to a lesser extent, gutting of the safety net, though mostly because the latter makes the former easier.

That's it. The Big Conversation in Washington my entire adult life is a total con job, and all the Very Serious People fall for it, or pretend to.