Wednesday, April 06, 2011

Sound and fury, signifying nothing

Anthony Gregory at the Independent Institute, on Republican budget posturing:

For holding their ground, they want our praise and appreciation, and presumably our support for them to reoccupy the White House in a couple years. But what is this high principle they are sticking to? To borrow only $1.30 trillion in the coming year, rather than 1.33 trillion -- or some comparable numbers?

No one should take this seriously at all. Republican fiscal conservatism is akin to a 500-pound-man declaring aloud in January that he is determined to lose weight, and so he promises to forgo exactly half a glass of eggnog on Thanksgiving -- and if you protest, and insist he drink the whole glass, he will have none of it, because he has made up his mind to lose weight and refuses to compromise.

The whole thing is worth a read.

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