Thursday, November 11, 2010

Not Serious

Here is all you need to know about the report yesterday from the Deficit Commission. It is best thing I've read so far on the Bowles-Simpson trial balloon.

This covers all you need to know. These people aren't really serious about deficit reduction because all our problems are with health care costs and they aren't really being addressed. As I have said before, any deficit discussion you hear from someone that mentions Social Security with respect to the deficit you can immediately ignore because they are ignorant and/or just bullshitting you.

It is really galling to read article after article in the media that don't make the point that Social Security is not part of our deficit problem. A tiny tweak to the amount of income subject to SS taxes would make it solvent forever.

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