By Ralph R. Reiland
The Washington crowd can't be bothered with budgets anymore -- at least not in the dictionary sense of the word, as in (a) something cheap, i.e., a budget coat, or (a) attempting to balance expenses with expected income, or even (c) producing a realistic estimate of revenue, spending, and red ink.
For three years, the Senate's Democratic leadership has failed to even pass a budget resolution, and there's nothing even remotely credible coming out of the White House regarding entitlement reform or bringing the debt to GDP ratio into line over time to a sustainable level.
In putting together his fiscal 2013 budget, more a political speech than a serious approach at fixing anything, President Obama didn't have to do a lot of homework or original thinking.
Read more: http://spectator.org/archives/2012/02/21/a-recipe-for-disaster
The Washington crowd can't be bothered with budgets anymore -- at least not in the dictionary sense of the word, as in (a) something cheap, i.e., a budget coat, or (a) attempting to balance expenses with expected income, or even (c) producing a realistic estimate of revenue, spending, and red ink.
For three years, the Senate's Democratic leadership has failed to even pass a budget resolution, and there's nothing even remotely credible coming out of the White House regarding entitlement reform or bringing the debt to GDP ratio into line over time to a sustainable level.
In putting together his fiscal 2013 budget, more a political speech than a serious approach at fixing anything, President Obama didn't have to do a lot of homework or original thinking.
Read more: http://spectator.org/archives/2012/02/21/a-recipe-for-disaster
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