Friday, January 11, 2013
Reduction Reality, Sort Of
I think we have much further to go in reducing deficits, but one thing is pretty clear: when Rs say President Obama has proposed no spending cuts, they're, as usual, full of it. This article is clarifying.
I don't doubt there's a certain amount of semantic hanky and panky here: "reductions" vs less of an increase, etc. But the point to be made is that, what you hear from RWS™ and teabaggRs notwithstanding, President Obama and Ds have been willing to address spending way more than Rs have been willing to address revenue. If it's ever going to be solved Rs have further to go than Ds. And defense spending must be on the table.
[Image from linked article]
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[ Image source ]