Search This Blog

Friday, February 17, 2012

Kicking the can down the road. Geithner: "We have a problem" and we don't have an answer.

Philip Klein in the Washington Examiner:
“We’re not coming before you to say we have a definitive solution to that long-term problem," Geithner told Ryan. "What we do know is we don’t like yours.”


There you have it. The administration has dropped any pretense. It's more comfortable attacking Ryan's plan than offering an alternate solution.
The crisis has arrived, we are in the early stages of financial ruin and the answer from Team Obama seems to be that by the time we hit the wall they will be out of office. They will have retired, snug in their multi-million dollar cocoons while the retirees figure out how to get along with reduced pensions and their children are faced with staggering tax bills to pay down debt run up by this administration.

No comments: