"I'm sure no one is surprised that the same Congress that steadfastly protects tax cuts for the wealthy while voting to maintain subsidies for the oil industry worth about $4 billion, after a quarter in which the world's six largest publicly traded oil companies announced $38 billion in profits, is eager to shaft poor women, gut regulation of the financial sector, and degrade our ability to monitor catastrophic weather events. If your goal is to drown government in the bathtub, there's going to be some collateral damage along the way. But the bad economics of it all are truly crazy-making. Scrimping now so we will inevitably pay more later - whether for healthcare, or to clean up after tornadoes, or for picking up the pieces after another economic meltdown - is profoundly irresponsible. Call it disaster economics: a fiscal strategy guaranteed to blow up."
Have a good day. Keep an eye on those Congressional wingnuts.
More thoughts tomorrow.