Now, you may wonder, what on earth does block granting Medicare have to do with the biggest financial crisis of our lifetimes? What does a plan that allows seniors -- 10 years from now -- to use Medicare dollars in private plans or stick with the traditional government-run system have anything to do with a recession? How does reforming the tax code induce housing prices to bubble retroactively? What does altering the destructive trajectory of deficit spending have to do with fairness?
Nothing, of course.
http://www.realclearpolitics.com/articles/2012/03/21/obama_doesnt_care_about_debt_113558.html
Harsanyi always informs in entertaining style.
The president once claimed that others wanted to kick "the can down the road." Well, the national debt has increased more during President Obama's three years of judicious rule than it did during eight years of a reckless George W. Bush. Whereas Obama once claimed that Bush deficits were "irresponsible" and even "unpatriotic," his latest budget projected a deficit of about $1.3 trillion, followed by a $901 billion deficit and then ones remaining in the hundreds of billions for 10 years after that -- or until some new emergency needs additional spending.
Nothing, of course.
http://www.realclearpolitics.com/articles/2012/03/21/obama_doesnt_care_about_debt_113558.html
Harsanyi always informs in entertaining style.
The president once claimed that others wanted to kick "the can down the road." Well, the national debt has increased more during President Obama's three years of judicious rule than it did during eight years of a reckless George W. Bush. Whereas Obama once claimed that Bush deficits were "irresponsible" and even "unpatriotic," his latest budget projected a deficit of about $1.3 trillion, followed by a $901 billion deficit and then ones remaining in the hundreds of billions for 10 years after that -- or until some new emergency needs additional spending.
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