Mrcauser’s Weblog

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Hold your breath.

DERUGY: To deal with debt, we have to stop lying about it – Washington Times

The deficit commission and its 18 members have the historic opportunity to correct many years of irresponsible fiscal policy and set us on a path to sustainability. As they form their recommendations over the next few months, they will consider many solutions. In order to help them evaluate those ideas, I suggest three criteria that they can apply to the proposals and to their final recommendations, criteria that will tell them whether those recommendations will be the solution to our fiscal woes.

With a $1.5 trillion deficit and more than $8 trillion of debt held by the public, our county is in the red. But as baby boomers start retiring, spending will explode on programs like Medicare, Medicaid and Social Security. Along with that, the interest


Written by mrcauser

July 20, 2010 at 3:01 pm

Posted in Uncategorized

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