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Thursday, February 7, 2013
Austerity again Worry about the deficit is not the solution to slow economic growth. The 4th-quarter GDP drop is no excuse to cut entitlement spending. Also, irrational arguments are everywhere. For instance, Congress wants to destroy the U.S. Postal Service to save it; President Obama lied about closing Gitmo, but Congress failed to provide funds to close it. Government cannot create jobs--so, a government postal worker doesn't have a job.
Thursday, February 7, 2013Austerity again Worry about the deficit is not the solution to slow economic growth. The 4th-quarter GDP drop is no excuse to cut entitlement spending. Also, irrational arguments are everywhere. For instance, Congress wants to destroy the U.S. Postal Service to save it; President Obama lied about closing Gitmo, but Congress failed to provide funds to close it. Government cannot create jobs--so, a government postal worker doesn't have a job.
