TO DEAL WITH DEBT,
we have to stop lying about it. Reason’s Veronique de Rugy has some guidance for the National Commission on Fiscal Responsibility and Reform (Obama’s deficit commission) in assessing the quality of the solutions it puts forward.
Do the recommendations really cut spending rather than focus on cutting the deficit?
Do the recommendations allow for political carve-outs?
Do the recommendations fix the budget gimmicks?
Will the debt commission have the guts to face reality? In a word, no. They’re politicians.
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