About

This page contains a single entry from the blog posted on January 17, 2013 1:09 PM. The previous post in this blog was Ted Wheeler caught playing hide-the-ball. The next post in this blog is Portland police pension liability jumps $330 million in two years. Many more can be found on the main index page or by looking through the archives.

E-mail, Feeds, 'n' Stuff

Thursday, January 17, 2013

Kicking the can down the road

These days every kick is an on-side kick.

Comments (6)

The liberal side of the debate says unfunded liabilities are no big thing - we will magically find a way to pay for them.

The conservative side talks a big game about huge debts (which are real), but don't want to address the core issues.

The biggest right now being the corrupt medical system.

This sums it up quite well, from www.market-ticker.org:

"... Congress and The White House have only one option that can actually work:

Break the medical monopolies. All of them. Remove all special protections and make medical services and commodities subject to Robinson-Patman, along with the rest of anti-trust law. Put a stop to cost-shifting in all of its forms and end the ability of these firms to abuse the law to enforce pricing disparities of 1000% across national boundaries. This will ultimately drop the cost of care by as much as 80%, and while there will be therapies, drugs and devices that will disappear as their cost of provision will exceed what people can pay, virtually everyone will be able to pay cash for the services and goods they actually need (as opposed to want.)"

What "Tim" said!

"What "Tim" said!" Huh?

We have a Congress that doesn't want to cut spending and the solution is to raise the credit card limit more and more. We have a President that conflates any spending limits with an attempt to cripple the economy.

We have a blog-contributor that wonders more each day about whatever happened to leadership in the US.

Pretty good strategy as far as I can figure. There is no way for the Repubs to win any cuts in conjunction with it the debt ceiling.

However the R's can win cuts on the sequester (the other can that was kicked just 17 days ago) argument. Hell, if the R's do nothing, cuts happen. Dems have to negotiate on it. No choice.

They need to get the debt ceiling stuff out of the way to do that.

I was enjoying the afternoon, while sitting on the river bank with Alice, when I noticed a white rabbit run past looking at his pocket watch. I hope I'm dreaming.

Rabbit is over here was pinkish and limping, one hind leg missing.




Clicky Web Analytics