… perhaps you will believe Mr. Stockman, former Reagan Budget Director.
While the Fed fiddles, Congress burns. Self-titled fiscal hawks like Paul D. Ryan, the chairman of the House Budget Committee, are terrified of telling the truth: that the 10-year deficit is actually $15 trillion to $20 trillion, far larger than the Congressional Budget Office’s estimate of $7 trillion. Its latest forecast, which imagines 16.4 million new jobs in the next decade, compared with only 2.5 million in the last 10 years, is only one of the more extreme examples of Washington’s delusions.Yep. And yet the solution to this problem in the intermediate and longer term is not all that complicated – garrote the medical industry.
Please share this article
No comments:
Post a Comment