Front and Center

Politics, society, and other random randomness

At this rate, we’ll NEVER fix the issues

Today is the final vote on recommendations from Obama’s deficit panel.  For those who missed it, President Obama put together a bipartisan panel of 18 appointees, tasked with producing solutions for debt reduction.  The commission did its job, recommending multiple ideas that, if enacted, would help move the country towards fiscal stability.

As expected, the response was chilly at best.  Folks on both sides took the expected approach–“we need cuts, but don’t cut programs that I support!”  Republicans didn’t like the idea of tax increases on gas.  Democrats didn’t like the notion of raising the retirement age or lower tax rates.  Neither side wanted to sign on to doing away with popular tax breaks (even though lowering tax rates would offset it).

So, unless there is some sanity injected into things, we will continue on the rocky road to fiscal disaster.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: