Tuesday, November 30, 2010

Bondad on why you can expect no problems to get solved on the Deficit and Taxes in the foreseeable future

Back from Turkey Day, and it's back to business:

From the Bondad:

The Republicans on the panel are generally opposed to raising taxes and the Democrats to big changes in Medicare, Medicaid and Social Security.

The above emboldened words illustrate the stupidity of Washington. Simply put there is no way to balance the budget without two things happening: taxes going up and some kind of compromise on health care spending. There is just no way for meaningful change to happen without both parties compromising on their key issues. So, expect the problem to continue.