And Now in Words
For anyone who gets tired of charts, graphs, and excessive numbers, Dwight Meredith uses compelling prose to lay out the current budget deficit situation. Even if you are a chart and numbers kind of person, go read it. And, most of all, if you think everything the government touches is a waste, read Dwight’s post and decide what should go in order to fund Bush’s tax cuts (assuming that the U.S. is unwilling to repudiate its debt, today’s deficits are only deferred tax hikes or spending cuts–at some point, taxes must go up or services down).
If you really want to cut spending, I’ll help you get started: how about increasing the retirement age by one month per year for the next 30 years (to 67.5)?