Monday, December 3, 2012

The Life of Riley

Facing the fiscal cliff: American taxpayers have had it easy for decades - Economy Watch on NBCNews.com

 
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Finally!!  In simple terms the truth.  For the past 30 years we have not been keeping up with our committments.  Now, one can argue that we just spend too much and are to profligate but we have spent according to what he American people have asked for.  The truth has been denied the public by dangling the ghost of increased growth before them.  Of course, we can cut spending but we are going to have to attack the defense budget.  We are going to have to rein in medical costs.  But we really should ask ourselves just how much is the public really ready to give up in social services.  I think it is much less than the budget cutters say.

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