Punching Stupid and Evil in the Face Since 1986!

"We are on strike, we the men of the mind. We are on strike against self-immolation. We are on strike against the creed of unearned rewards and unrewarded duties."-John Galt

Wednesday, February 17, 2010

A Deficit Panel? Seriously.

President Obama has plans to announce the establishment of an 18-member "Deficit" Panel on Thursday. The goal of this panel is to find ways to cut soaring deficits......

Obama's version of the commission is a weak substitute for what he really wanted: a panel created by Congress that could force lawmakers to consider unpopular remedies to reduce the debt, including curbing politically sensitive entitlements like Social Security and Medicare.

As rejected, the bipartisan 18-member panel would have worked for much of the year and, if 14 members agree, report a deficit reduction blueprint after the November elections that would be voted on before the new Congress convenes next year. The 14 would have to include at least half of the panel's Republicans.

This is the most ridiculous thing I have heard this week. We don't need an 18-member panel to tells us how to cut the deficit. I am but one person and I know the answer to this question: STOP SPENDING SO MUCH MONEY! The government has to stop trying to be all things to all people and they have to stop treating the American people as a endless faucet of free flowing money. If you want to lower the deficit, don't raise the debt ceiling, then freeze it at those unsustainable levels. If you want to lower the deficit let business and the free-market go to work on the economy and generate jobs-as has been proven time and time again. If you want to bring America back to what it should be, leave it alone-stop creating panels and interfering every step of the way.