Problems Solved, Day 3
Thursday, February 26th, 2009 By Mike Maurer
Happy Days Are Here Again, Day 3. It’s almost enough to make one cry. It took Obama, what, six hours to fix the nation’s fiscal crisis? As a socialist economic writer observed in the 1930’s, “the problems of production are solved.” (Doubtless this is news to legions of manufacturing engineers, but they’re prisoners of their capitalist prejudices.)
So, now it’s on to redistribution of all this free stuff that’s just lying around–but not to worry. Student Council President Obama dispatched working groups of intellectual giants such as Olympia Snowe and John McCain, and they reported back. (This is the contemporary equivalent of San Juan Hill. Makes one feel proud to be an American.)
Biggest disappointment: David Walker, former comptroller general of the US, who is doing a bang-up job promoting deficit awareness. Mr. Walker apparently hails from the George Voinovich school of fiscal responsibility: when our Democrat friends (including the two-thirds of the Republican party who are Democrats) raise spending, the responsible thing to do is increase taxes on the rich. ‘There was “bipartisan agreement about the measures for Social Security reform,” including an increase in the retirement age and the wage-based tax cap, he said.’ Nevermind that those taxes aimed at the rich somehow never hit them but hit the rest of us right square. Walker did say the summit “exceeded my expectations,” which I suppose is like saying a carnival show with a talking dog wasn’t nearly as disappointing as it might have been.)
Meanwhile, anyone looking for actual ideas should pay attention to CPAC, which meets this week. Knock on wood, Buckeye will have a few updates for you. Go get ‘em, guys.
(
Tags: cpac, fiscal, responsibility, summit
