Wednesday, May 11, 2011

John Boehner is Less of a Weenie than I Thought

http://www.cato-at-liberty.org/john-boehner%E2%80%99s-spending-and-debt-promise/

 Having criticized Speaker of the house John Boehner for making tax and spending cuts that were so tiny that they could have danced with some angels on the head of a pin, I am glad to hear that he has changed his tune.

All of the economists in the world can't make debt go away by increasing spending and increasing the debt ceiling.  All those economists do by making such arguments is reveal the absolute lack of value of our currency.  If we don't reduce debt and spending, the fire will go out, the smoke will clear, and the mirrors will break.
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