Day: November 23, 2011

Of Super Committees & Gullible Voters

So now it’s official: the Super Committee wasn’t so super after all. Abject failure. No agreement on how to cut the budget by $1.2 trillion, which wasn’t even really a budget cut, but merely a slowing of the growth of the national debt. Democrats on the committee wanted to use it as a way to increase taxes by $1 trillion; Republicans rightly balked at that. Republicans offered cuts along with the closing of some loopholes to increase revenues; Democrats wouldn’t… Read more »