Again, until the next election we're talking cuts of $22 billion. For all of 2012. When the limit was raised we borrowed, just on Tuesday, $239 billion.
Is the moderate position that we should not cut any spending that involves somebody getting a paycheck? How's that supposed to work? At the very least could we stop creating new spending programs like High Speed Rail?
Tell me how to make spending cuts work painlessly. Tell me how to do it painlessly ten years from now when the debt is nine trillion dollars larger. I'm open for ideas.
Attempts at the smallest incremental long-range solutions, like Ryan's plan, or the entitlement reforms during the Bush years, were attacked mercilessly. Any attempt to even slow the rate of government growth is attacked mercilessly. A determination to fix the massive spending imbalance in this country is now called "terrorism." I don't know where the "moderates" are hanging out, but I'm not seeing a lot of them in the Democratic Party.
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Re: Economists warn this is not the time to cut spending
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- Re: Economists warn this is not the time to cut spending
- Re: Economists warn this is not the time to cut spending