NYTimes.com – “Serious”

James Fallows has a very good take on this; my version would be this: I don’t think a budget plan is “serious” unless it has numbers that remotely add up, says something specific about how it will cut spending and/or raise revenue, and puts forward proposals that have at least some chance of actually going into effect.

So, we have a plan that proposes to cut spending to Calving Coolidge levels, without explaining how it will do that; that includes $2.9 trillion in tax cuts, but asserts that it will make that up by broadening the base — yet says literally nothing about what that means; and has as its centerpiece a Medicare plan that will collapse as soon as seniors start getting their grossly inadequate vouchers.

There’s nothing serious about this plan. And the way our pundit class swooned over this fantasy document suggests that all those people lecturing the American people about our unwillingness to face up to reality and make hard choices should spend some time looking in the mirror.

via NYTimes.com – “Serious”. Serious is making stuff up apparently.



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