Commissions' Findings Three Months Late
|Written by Dean Baker|
|Monday, 08 November 2010 15:05|
In the next month we will see reports from three commissions on what we should do about the budget deficit. The remarkable aspect of these commissions is that they are composed entirely of people who were unable to see the $8 trillion housing bubble, the collapse of which wrecked the economy. In fact, the commission members think that their prominent role in driving the economy to ruin makes them especially qualified to tell the rest of us what we should do with Social Security, Medicare, and other key programs.
Furthermore, the timing of these reports are an incredible insult to the American people. We have elections to decide items like the future of Social Security and Medicare. If the members of these commissions were acting in good faith they would have issued their reports three months ago with the goal of having them feature prominently in the election debate.
This article originally appeared on POLITICO's Arena Digest.