Side-stepping a temporary government shutdown (which would have been the second-best* outcome of the Republicrat-Demopublican Budget battle) US politicians have instead agreed to fake reality for one more year by attacking the country’s biggest deficit ever with "trims variously valued at effectively 0.00% of this year's federal spending."
Peter Schiff comments on the argument over a rounding error—and the final victory for compromise over necessity.
[Hat tip Objective Standard and Casey’s Daily Despatch]
* Can you guess what the first-best would have been?
5 comments:
Permanent.
Pretty dumb objections if you understand that the only way the Republicans did have any say on the 2011 budget is because the Democrats failed to pass a budget last year.
Else they wouldn't even have a say.
The real battle is over the 2012 budget.
The Boor is defending conservative compromise again, surprise, surprise, and with a pretty dumb objection.
Permanent shut down of everything not related to police, justice and defence.
PC, do you think there's an argument for US federal level police or is it just best to leave the several states' forces to work together.
From a distance, Some of the worst excesses appear to be in the federal police agencies, particularly BATF (Bureau for Alcohol, Tobacco & Firearms), DEA, etc.?
A shutdown doesn't actually save any money, because all those employees still do get paid in full, just at a later date.
Bates...
"Worst excesses appear to be in the federal police agencies..."
No. That's a pin-hole view of US history.
Have a look at what the State militia did to the Lumbee Indian tribe.
Have a look at what Southern sheriffs & judges turned a blind eye two in the Post Civil War era.
In that last example, the first incarnation of the KKK was only put down by then President Grant sending in the US Cavalry.
The fact is that any police force can run amok. The key is the checks and balances you put in place. One of those is making sure that they enforce laws with victims.
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