Time to cut budget fictions, left and right

posted by
November 7, 2011
Orange County Register
by Robert J. Samuelson  
Posted in Commentary, PND Commentary

"The conservatives' fiction is: We can reduce deficits and cut taxes by eliminating 'wasteful spending.' The liberals' fiction is: We can subdue deficits and raise social spending by taxing 'the rich' and shrinking the bloated Pentagon. You will notice one similarity. Both suggest that reducing deficits involves little real pain." (11/07/11)


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