It isn’t surprising, when you think about it, that the president’s debt-reduction commission has come out with a plan that proposes to inflict the greatest pain on contributor benefits (Social Security and Medicare), household budgets, and national defense. The commission was asked to propose ways to reduce debt. It wasn’t asked to rethink the size, scope, or charter of government.
If the latter had been its assigned objective, the panel might have come up with proposals that don’t concentrate most of the pain of sustaining our current level of government on middle-class household budgets and small businesses. There is no question we need to deal with our spiraling debt, but what the debt-reduction panel has published today is a good example of an outcome based on biased assumptions.
The panel was obviously willing to rethink some assumptions: Continue reading “Debt Reduction Versus Government Reduction”
The Optimistic Conservative 