Saturday, January 29, 2011

Kevin Williamson talking about the small difference between the parties on the issue of fiscal reform

I tend to give the Repubs a little more credit simply because if they were left to their own devices, they wouldn't have gotten us into this predicament.  When one parent is offering ice cream and cake for every meal, it makes it hard for the other one to make kids eat their vegetables.  Hat tip www.nationalreview.com

Back to Obama: I’m starting to think that we despairing deficit hawks have to be more politically engaged. I’ve operated for the past several years under the theory that when it comes to the big, macro debt-and-deficit issues, it does not much matter who holds political power: I did not see much evidence that a Republican Congress or a Democratic Congress was going to act before the market acts, forcing fiscal discipline on the United States by jacking up borrowing costs. Yes, there are differences, but the differences between the parties is very small compared with the difference between either of the parties and what reality requires.

No comments:

Post a Comment