Blog on the Run: Reloaded

Saturday, May 8, 2010 12:06 am

Deficit reduction: one more scam.

Filed under: I want my money back. — Lex @ 12:06 am
Tags: , , ,

I could walk you logically through all the facts that explain why the Pete Peterson-backed Simpson-Bowles deficit-reduction commission is a bad idea likely to produce way more screwing of ordinary workers than it is to truly solve our long-term entitlement problems on fair and equitable terms.

But that would take years and cost hundreds of thousands, perhaps millions, of innocent lives.

So I could just point out instead that Pete Peterson stands to make a boatload of money directly off the likeliest outcomes from that commission.

Whichever. Really; I’m easy.

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