Sunday, July 17, 2011

Steyn on the Debt Ceiling Negotiations

Mark Steyn has nice column in this weekend's OC Register. As usual, I enjoy his pithy use of language, for example the last sentence of this paragraph:
Meanwhile, the World's Greatest Orator bemoans the "intransigence" of Republicans. OK, what's your plan? Give us one actual program you're willing to cut, right now. Oh, don't worry, says Barack Obluffer. To demonstrate how serious he is, he's offered to put on the table for fiscal year 2012 spending cuts of (stand well back now) $2 billion. That would be a lot in, say, Iceland or even Australia. Once upon a time it would have been a lot even in Washington. But today $2 billion is what the Brokest Nation in History borrows every 10 hours. In other words, in less time than he spends sitting across the table negotiating his $2 billion cut, he's already borrowed it all back. A negotiation with Obama is literally not worth the time.

2 Comments:

Anonymous Anonymous said...

http://budget.house.gov/News/DocumentSingle.aspx?DocumentID=252305

Good info.

10:53 AM  
Blogger Amit Ghate said...

Thanks

3:52 PM  

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