Boogie Woogie Budget Boys 0
Daniel Ruth at the St. Petersburg Times writes about what he calls the “Washington kabuki.” I can’t say I agree fully with this, bit I agree mostly. I’m glad he included war defense spending. A nugget:
If you are a Democrat you will not fill a $14.5 trillion hole by simply raising taxes, unless you also are willing to fiddle around with entitlement spending on stuff like Social Security and Medicare, as well as defense.
If you are a Republican you will not address the debt problem by opposing an increase in taxes, or at least making sure wealthy people and corporations pay their fair share of the tax burden they should be paying anyway. When General Electric, which made a profit of $14.2 billion last year, paid zero in corporate taxes, something is horribly nuts.
And Wesley Snipes went to jail for not paying his taxes?
For both sides, the debt crisis won’t be solved if every time someone offers a proposal Washington’s special interest lobbies start sobbing uncontrollably while accusing the offending politico of being an anti-American sot with Marxist and/or fascist tendencies.
Follow the link. The first part of the column, in which he describes the empty ritual of Washington meetings, is a hoot.
(Link fixed.)
