Flaylo
Handsome Devil
Arianna Huffington: The Incredible Shrinking Budget Debate: Why the Only Choice We're Being Offered Is Between Bad and Worse
Yeah, were pretty much fucked up politically.
Just look at this so-called "debate" we're having. The problem ostensibly on the table is the deficit. But, without any context, the raw deficit number is meaningless. If the country's debt were, say, $50 million, that wouldn't be a big deal. If some average American suddenly found himself $50 million in debt, well, that would be a big deal. And that's because the country's GDP is a lot bigger than the average person's income. So what we're talking about is really the debt-to-GDP ratio.
Yet the debate is concentrated almost entirely on the debt side of the equation and barely at all on ways to increase the GDP side. How has the playing field of what is acceptable in this debate been so shrunken that the only two competing proposals still allowed on the field are the president's cuts and the House GOP's draconian cuts?
Yeah, were pretty much fucked up politically.