Friday, December 29, 2006

Max Sawicky Has a Problem

...I have a problem with the DeLongian formulation, shared in spirit by Thoma, about "balancing" Social Security and Medicare finance. Here as well, the problem is not only the economics, but the political reality that in matters of budgetary scruples, the Democrats [seeking to cooperate with Republicans] are trying to hold a formal dinner with a pack of feces-flinging monkeys...

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