Why the Titanic is sinking

posted by
November 28, 2011
Foundation for Economic Education
by James L. Payne  
Posted in Commentary

"Washington is now deep into the process of attempting to deal with the budget deficit, an exercise that leaves experienced observers with a sinking feeling. Presenting plans to cut spending and balance the budget is like the proverbial activity of rearranging the deck chairs on the Titanic. It involves a lot of busyness but does not address the real problem." (11/23/11)


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