Tuesday, May 17, 2011

Sensible Words Sadly Ignored

Here is a bit from a post by Brad Delong on his blog. He writes many words to explain why Republican political posturing is oh so wrong and gets summarized in this bit:
The economy needs budget balance in the long-run--tax increases and spending cuts, overwhelmingly in government health care programs, to be put in place in the 2020s if not starting in 2015. But for the next three years what the economy needs is for government spending to be pulled forward from the future into the present, and for taxes to be pushed back from the present into the future.
Go read the whole post to get the details.

What I can't understand is why this simple wisdom is ignored and, instead, attention is focused on political posturing that is so obviously grounded in ideology and not fact.

No comments: