The Fable of the Long Term Federal Budget Crisis

October 24, 2013

The Washington elite are returning to their obsession with the long term budget crisis which means extremists are once again calling for benefit cuts to Social Security and Medicare.  Last week as the government reopened President Obama called for cooler heads to prevail and warned elected leaders to ignore the bloggers and paid activists who have been distracting lawmakers from the real task of growing our economy.  The President’s warning should also apply to so-called moderates who continue to succeed in creating a fable to convince rational people to agree to make sacrifices of family sustaining programs rather than ask the rich to pay their fair share of taxes.

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