The Dance goes on

July 28th, 2011

Jerry Pournelle, right again.

I hate to keep writing on this subject.

Budget Cuts: we will increase spending, but we will reduce the rate of increase. We just spent $9 Trillion we didn’t have, but we will make a $1.1 Trillion cut – over ten years. Which is to say we will cut $100 Billion a year, having spent $9 Trillion. The deficit will continue to grow. So the only choice is to raise taxes or the nation is finished, the elderly will not get their Social Security checks, the Veterans will not get their benefits. Inspectors in the Department of Agriculture will continue to get “cost of living” raises and step increases in their civil service ratings. Department of Education SWAT teams will get their raises including full health and pensions. The deficit will grow, and there will be another financial crisis. The EPA will continue to impose regulations, the courts will continue to accept lawsuits to harass anyone who intends to open a mine, drill an oil well, or create a business.

The only remedy will be to raise taxes. We must have shared sacrifices so that the Washington elites can go about business as usual. Washington public schools will continue to deteriorate but none of the elites will send their children to those public schools so that won’t be a problem.

He has a better idea, but it isn’t palatable to our Ruling Class:

We could try liberty. Leave the money to those who make it and get out of the way.

It works every time it’s tried, but our rulers don’t like it, so they’ll go on with their Kabuki theater instead.

(Via Insty)

Fuck you Washington update! Via Bill: Jeff Jarvis is mad as hell, and he isn’t going to take it anymore.

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  1. Donavon Pfeiffer Jr
    July 29th, 2011 at 09:58 | #1
    these aholes what a real radical in support of limited government looks like; DEMAND THE DEBT CEILING BE LOWERED.
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