So the country avoided the fiscal cliff, at least one level of it. We supposedly have the tax situation settled (unless the administration demands more increases) while spending remains essentially untouched. The latter will be dealt with in the next couple of months, we’re told.
I don’t believe that any real cutting will be done. So much spending sounds so worthy it’s nearly impossible to get a majority of politicians to ever call for meaningful reductions. Who doesn’t want to help the young, the old, the middle class, the lower class, businesses, farmers, etc.? That so much of the largesse enriches bureaucrats and Beltway bandits, and that the side effects are often worse than the “cure,” simply don’t matter.
But maybe this time all those people in Washington we supposedly elect to act on policyreality will be serious and responsible. Maybe that we spend far too much on programs that are way too ineffective – and are largely unconstitutional – will at last be acknowledged and acted upon by Congress and the White House.
No comments:
Post a Comment