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Budget Cuts = Highway to Hell?
A couple of weeks a
go, a report1 was released predicting that austerity measures being sought by Republicans in the House would “derail the recovery.” This report was created by the venerable investment banking giant Goldman Sachs. This alone should suffice for the legitimacy of the argument.
Except it doesn’t.
A Preventable Crisis?
First of all, in this time of crisis, our thoughts and prayers should go out to the victims of the earthquake in Japan and their families. I can only imagine the pain, confusion, and grief they must be suffering at this time of unfolding devastation.
The Salt Police
Taking a quick break from studying, I caught a part of the McLaughlin Group yesterday. Wrapping up their routine partisan bickering, they moved on to a new topic to wrap up. Apparently, the heads of the FDA under the Obama Administration feel that there is a new national crisis brewing (as always). It also happens to be a threat to our “national security.” (What isn’t?) Of course, it can not be fixed by none other than…gasp… the government. What a shocker!
Roads, Education, & Big Macs
Recently, a gentleman by the name of Mark Howard, the executive editor of Florida Trend magazine, wrote an editorial calling for government investment in roads and education. A cursory glance of the article seems to provide a plausible case for such an investment, since it is infrastructure that is the backbone of the economy. Mr. Howard is suggesting that government investment in this infrastructure will be necessary for prosperity a “21st Century Economy.”