Sunday, August 7, 2011

It's like blaming a drunk hitting a tree on the person who tried to take the keys away.

But was then pushed aside by all the other drunk's friends.

You see if only the drunk wasn't all stressed about trying to get his keys then he'd have driven home fine.

I'm on the downgrade subject again by how surreal the Dems blame game is. Then again these folks'll try to blame Obama-care's failings on the Tea Party too.

What caused the United States to lose its AAA rating for the first time in 94 years, a rating that withstood two world wars, the Great Depression and (most of) the Great Recession, and a costly military buildup that bankrupted and demolished our Cold War foe, the Soviet Union, without a direct shot fired? Was it the dastardly Tea Party, with its demands for fiscal sanity and a solution to an oncoming tsunami of entitlement liabilities?

Answer at the link. Plus a scary chart on when Entitlements will consume every dollar taken in by taxes.

And Matt Welch gets a bit too hopeful over at Reason.

Blame S&P all you want, but this won't be the last downgrade; the math really is that bad. As Sen. Rand Paul (R-Ky.) is fond of saying, Democrats are going to have to give on entitlements, and Republicans are going to have to give on military spending, as a starting point. There really isn't any other way.

I eagerly look forward to this being blamed on libertarians, but even more than that I truly look forward to the day when the political class in this doddering country recognizes that you can't just wave away a spending spiral by pretending that it doesn't exist.

Yesterday I said that the libertarians will get the blame for this, nice to see I'm not alone.
But really, the political class will scapegoat math to try and keep growin' the gravy train.

Speaking of someone else's prediction on the next talking point.

Added: Huh, and even McCain isn't blaming the Hobbits.

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