Daily Agitator
From time to time there is something that comes out of Washington and/or politicians that just agitates the crap out of me…but none of the shenanigans piss me off more than a presidential commission to study a problem to find solutions…why does it make me so bitchy?
Let us take a look at the latest commission that the Prez announced the other day:
The national debt — accumulated deficits — is expected to hit $9.3 trillion this year, or 63.6 percent of the gross domestic product, the measure of all the nation’s goods and services produced annually. By 2015, the debt will total almost $14 trillion and equal 72.9 percent of the GDP, the highest level since 1950, when World War II debt was still being repaid.
This exploding debt menaces growth and U.S. living standards.
The White House has announced that it will appoint Erskine Bowles, chief of staff under President Bill Clinton, and former Wyoming Sen. Alan Simpson, a Republican, as commission co-chairs. Both were key players in successful 1990s efforts to negotiate bipartisan deficit-reduction packages, and the Clinton years ended with four straight years of budget surpluses.
That bipartisan panel would have delivered lawmakers a deficit reduction blueprint after the November elections that would have been subject to votes before a new Congress convenes next year. But the idea faltered in the Senate, defeated by equal numbers of Democrats and Republicans, including some of whom initially supported the idea.
Though Obama’s commission will lack any requirement for Congress to act on its advice, it could provide the president some political cover with an electorate that is increasingly concerned about the massive deficit. And that has some Republicans looking to paint the executive commission as little more than a political calculation.
Thank you to the AP for the info in above quote……
Yes this is a political theater….it is just another political game being played…..my problem is that a commission would be doing what we pay the a/holes in Congress to do….I realize that it may be difficult to get things done when you work 3 days a week and about 150 days a year……
A political commission is a waste of money and a perverted why of gaining some political advantage for use in campaigns and elections…..
When will the American people start demanding that these overpaid lazy pricks start earning their money? If they want to work part time then I say pay them like part timers and cut their benefits…..it is done in the private sector…..And they always use the private sector in their rants….treat them like the do nothing employees they are…..Or better yet put they on piece work….they get paid only when legislation is passed….that could make them wake up to the fact that they need to start representing the people not their overinflated egos……
And the commission, after costing millions and spending months studying the problem concludes that the US (like much of the rest of the world) is in debt.
Great! That was worth the effort then…
This is just another bureaucratic piece of crap…..to make itr look like they are trying to solve the problem……I have a post coming up on solving the debt and some hard choices…..
Shhh… don’t tell anyone we’re running out of Monopoly ™ money.
Hi Chris and thanx ….but we have Bernanke and he has a hidden stash……lol
Well, you’d better hope he has, though I’d have thought he would regard that as HIS! 😆
HA! True that…he guards it like it is….