Megan and Ace both talk about the possibility of government shutdown, which specter may loom sooner rather than later if DeMint can be believed.
Something to keep in mind regarding this scenario — today’s situation is very different than the last time government was shut down in the mid-1990s. Unemployment is much higher, the deficits are far worse, the unpopular HillaryCare didn’t pass unlike the unpopular Obamacare, public sector compensation is out of control, economic growth is at an historic low, and the ability of the MSM to drive a narrative has been badly eroded. If Dems think they can profit from the same tactics in today’s situation they may be in for some more awful surprises.
To bang the essential drum again: 45% of GDP is too much government spending; productivity growth is much faster in the private sector. Regardless of whether we cut taxes, we must cut spending.
Shutdown Showdown
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3 responses to “Shutdown Showdown”
I liked what Megan McArdle said:
***QUOTE***
It may be better for nothing to get done than for either party to have the ability to enact their wish lists.
***QUOTE***
Applying the brakes is what the voters wanted.
Dave,
Love the way you recycle comments. I’m very guilty of the same. Some of my best thinking is reactionary.
Let me add that you are famous in some circles for your comments around the ‘net. You are having an impact.
Good!
A minor one, I’m sure, but hopefully salutary.