In one of his debates with President Carter in 1980, Ronald Reagan famously quipped that everyone who supported abortion has already been born. In the same vein, it is probably worth noting that everyone who works for the Washington Post has a job. This may explain its fixation with reducing the deficit while virtually ignoring the most prolonged period of high unemployment since the Great Depression.

A front page article told readers that:

"With voters growing increasingly anxious about the debt, Republicans and some Democrats are refusing to approve additional borrowing without an explicit strategy to reduce deficit spending."

Actually polls consistently show that jobs are far and away voters main concern. Furthermore, the most likely reason that voters might be "growing increasingly anxious about the debt" is that the media is constantly bombarding them with hysterical and often largely untrue pieces about the debt and its consequences.

This article refers to Representative Ryan's plan for privatizing Medicare. It would have been useful to note that the Congressional Budget Office analysis of this policy projects that it would add more than $34 trillion (almost 7 times the size of the projected Social Security shortfall) to the cost of buying Medicare equivalent policies over the program's 75-year planning horizon.

Leave your comments

Post comment as a guest

0
  • No comments found

GuideStar Exchange Gold charity navigator LERA cfc IFPTE

contact us

1611 Connecticut Ave., NW
Suite 400
Washington, DC 20009
(202) 293-5380
info@cepr.net

let's talk about it

Follow us on Twitter Like us on Facebook Follow us on Tumbler Connect with us on Linkedin Watch us on YouTube Google+ feed cepr.net rss feed