Our debt crisis is complicated. But the solution can be stated simply: raise taxes and cut entitlements. I can’t find a serious policy thinker If one thing was made clear from yesterday’s event<\/a> with Peterson-Pew *(This is really indulgent footnote, sorry.) Washington’s fascination with centrism reminds me of one of my favorite mondegreens<\/a>. Sen. Evan Bayh’s announced retirement has been interpreted in some corners as a sign that Washington isn’t a place for moderates with centrist solutions anymore. The capital has become an intractable, broken city where issues like debt reduction are sacrificed for partisan gain. Exuent the centrist … and with him, a nation’s hopes. I think […]<\/p>\n","protected":false},"author":1534,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-332016","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/332016","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1534"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=332016"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/332016\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=332016"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=332016"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=332016"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nwho has a different answer. But I can find you more than 500 elected
\nrepresentatives who have, not partisan, but shared interests in doing
\nneither of those things. Raising taxes is unpopular with everybody,
\nespecially Republicans, and cutting entitlements is (a) unpopular with
\nseniors and soon-to-be-seniors, who are the loudest and most consistent
\ndonors and primary voters and (b) off the table for many Democrats. Even the “bipartisan” deficit commission was rigged to fail<\/a>. In
\nother words, both parties seem to agree<\/i>: the debt is serious, and they won’t do anything meaningful about it this year. That’s not the failure of bipartisanship. That’s bipartisan unity!<\/p>\n
\nCommission on Budget Reform, it’s that experts seem to agree that the
\ndebt is a crisis; that the solution involves a mix of tax increases and
\nMedicare cuts; and that Washington lacks both the will and incentive to
\ndo anything about it. That Democrats and Republicans aren’t working
\nwell together is ancillary to the fact that neither team particularly
\nwants to work on this issue at all.
\n____<\/p>\n
\nMany people quote Aristotle as having once said “Everything in
\nmoderation.” The proper translation is actually: “Nothing too much.”
\nWhat’s the distinction? It’s that there is no particular virtue in
\nmoderation. In fact, one can be immoderately obsessed with appearing
\nmoderate all the time.
\n
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