Partisanship Is Not To Blame For the Debt Crisis
It’s depressing because it is true. No one wants to tell you how it really is, or attempt to convince you that you need to do something to make it better.
How is it that America can be on the decline but you still somehow deserve more stuff?
“
Our debt crisis is complicated. But the solution can be stated simply: raise taxes and cut entitlements. I can’t find a serious policy thinker who has a different answer. But I can find you more than 500 elected representatives who have, not partisan, but shared interests in doing neither of those things. Raising taxes is unpopular with everybody, especially Republicans, and cutting entitlements is (a) unpopular with seniors and soon-to-be-seniors, who are the loudest and most consistent donors and primary voters and (b) off the table for many Democrats. Even the “bipartisan” deficit commission was rigged to fail. In other words, both parties seem to agree: the debt is serious, and they won’t do anything meaningful about it this year. That’s not the failure of bipartisanship. That’s bipartisan unity!
”
|#