Categorized | General Interest

Hyperbole on the Deficit

   You all know, just by looking over here to the right, what I think about the phone deficit-debt scam. And, trust me, you ain’t see nothing yet when it comes to hyperbole and nonsense. A whiff comes in today’s Wall Street Journal:

Sens. Saxby Chambliss and Mark Warner said Monday they would introduce legislation early next year that mirrors the recent report by the White House’s debt-reduction panel, in an effort to promote a conversation on the country’s fiscal problems.

The senators said they would push for an ambitious time frame for tackling the problems and want an agreement in place by the end of next year. They believe if an agreement can be reached in 2011, it won’t be overshadowed in the 2012 presidential-election cycle.

Government spending and the federal debt are already shaping up to be central issues in 2011, particularly with dozens of new Republicans joining Congress in January. Messrs. Chambliss (R., Ga.) and Warner (D., Va.) told reporters Monday there is a pathway to a bipartisan deal if both sides agree to put all issues on the table, including an overhaul of the tax code, changes to entitlement programs and spending cuts.

"We do think this is the issue of our time," Mr. Warner said.

   The "issue of our time"? You have to be kidding. Warner and his little band of misguided goofs are going to parade a phony crisis as the "issue of our time" because, what, the greatest divide between rich and poor, the class warfare underway, climate change are really small potatoes.

   My head hurts.

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