7 Comments

What entitlement spending would you reduce? No one is going to touch SS/Medicare for us old folks, not even recognize that we are living longer and can work longer. At 77 I'm more than willing to bite the bullet and let the under 50's wait longer to start. Entitlements will eat us alive.

Eliminating waste, fraud and abuse is like change in the couch? I'm willing to bet that there is enough WFA to have a zero increase in budget and get the same results. It's too hard, not flashy and stops the pols from coming home with a pile of cash to pass out to their favorites. We had the not enough to bother with argument in one of my employers. I made an offer that if this savings was such a trivial sun why not through it on the ground and when the spirit moved me I'd pick it up. They never took me up on that offer.

There is a Federal tax on internet service intended like rural electrification to fund spread of internet. Billions for the same were in the last infrastructure bills. In my area congress critters have been running on expanding high speed rural internet for at least a decade. My country just got a $750k check from one of the congress critter. Expansion of high speed internet has been zero for the last decade unless it is a new residential development. Not one smiling congress critter showing new wires going up. Where is the money going? Who benefits? How many more government "investments" are like that?

Buying votes with tax breaks? The money has to come from somewhere.

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Social Security and Medicare are going to crash and burn if nothing is done. Politicians' pledges not to touch it are therefore irrelevant. Either entitlements brought under control by a process of orderly reform, or we face a huge, disruptive crisis.

Eliminating waste, fraud and abuse is a worthy project, but with an annual budget deficit of nearly $2 trillion and the national debt at $36 trillion, it won't solve the problem.

There's no easy fix, which is why our political class is unwilling to tackle the problem.

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It's a little unfair to blame the presidential candidates for telling us lies about debts and deficits. If they told us the truth, they'd never end up as the nominees of their parties. The fault is not in our stars, but in ourselves. We elect what we want to hear.

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You make a point, to be sure, but it only highlights the utter corruption of our political class. When the comrades blather about the necessity of defending “our democracy,” this is what they mean by democracy: the public’s right to be lied to.

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A big fat lie in the sign behind her: "Lowering Your Costs."

If she's lowering our costs, why is everything more expensive?

It's like saying you're losing weight because you only gained 5 pounds this year after having gained 10 last year.

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Wait, what, that doesn't count as weight loss—?!

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"How did you go bankrupt?"

"Two ways. Gradually and then suddenly."

Hemingway.

Nobody really knows, but Paul Kennedy gave some insights into how bankrupt empires decay.

Won't be pretty for Americans, especially poor Americans.

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