Monday, July 25, 2011

Probable Democrat Trap

The $1.2T cut is $1T wars and $.2T other. This a trap to add
$1T to the debt limit. The rating agencies are not that naive!
The Administration will cut the funding where they least
support - Afghanistan and Iraq. Can we pack up and leave? If so,
why have we stayed this long? What about cuts in Korea, Japan
and Germany instead? If they use 5% growth, then why not use
10% or 20%? We can make any deficit disappear with a high
enough growth rate!

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