"Welcome to the vast inane. Today the “sequester” -- mindless, across-the-board cuts of military and domestic spending designed to be abhorrent -- will go into effect. Republicans claimed a “big victory” as House Speaker John Boehner shut down any negotiations and sent the House home. The cuts will cost jobs and add to the headwinds facing the economy. The sequester will be followed by operatic melodrama over keeping the government open after the end of March and keeping the government from defaulting on its debt beginning in the middle of May.
The deficit is falling faster than any time since the demobilization after World War II, Americans are afflicted with mass unemployment and falling wages, but Washington will be traveling into the vast inane for the foreseeable future."
No comments:
Post a Comment