My Super Awesome 55-Word Deficit Plan (Which Saves Way More Than Simpson-Bowles)

By: Sunday December 5, 2010 7:30 am

If “serious people” are going to treat the Catfood Commission proposal as a serious attempt to bring down the long-term deficit then there is no logical reason they shouldn’t treat my “Super Awesome Magical Deficit Plan” with any less reverence.


Simpson-Bowles Debt Savings a Fantasy: Assumes Others Tackle Health Costs in Future

By: Wednesday December 1, 2010 12:30 pm

Any deficit reduction plan that is not focused mostly on reforming health care is simply not serious about fixing the true roots of our long-term deficit.

Schakowsky Releases Progressive Deficit Reduction Plan

By: Tuesday November 16, 2010 3:45 pm

I’m pleased to see Jan Schakowsky, a member of the Catfood Commission, release her own deficit reduction plan, and in a way I’m also not pleased by it. It’s certainly better than useful idiots like Mark Warner saying “do the math” in order to cut Social Security. And it’s better than the greybeard panels that are stalking horses for entitlements and defenders of the rich. In the main, I like Schakowsky’s plan, though obviously everyone could add and subtract their own bits. But the problem is that a “deficit reduction plan” doesn’t address what actually causes deficits: namely, recessions.

Where Have All the Deficit Hawks Gone?

By: Friday September 17, 2010 6:04 am

Since we have started a public debate about whether or not to extend Bush’s massive, deficit-ballooning tax cuts to millionaires, the same deficit hawks who sent up trial balloons about cutting Social Security and other benefits have been very quiet. Very interesting, yes?

CFR Chair Erskine Bowles: “I Personally Would Like to Go after Spending First”

By: Sunday August 29, 2010 4:00 pm

Presidential Deficit Commission member Erskine Bowles is as bad as Alan Simpson.

Why Does Obama’s Catfood Commission Hate Our Troops?

By: Thursday August 5, 2010 1:45 pm

Because there is a giant military contractor CEO on the military budget working group who won’t let them cut waste and fraud from the Pentagon budget, that’s why.

Catfooder Simpson Pushes Sovereign Default as Social Security “Fix”

By: Monday July 12, 2010 12:30 pm

Alan Simpson and the Catfood Commission want to default on the Treasury Bonds held by the Trust Fund. Sovereign default is dirty words; so they come up with stupid to hide their intentions.

The Tender Mercies of Veal Pen Economists

By: Sunday July 11, 2010 10:30 am

The Urban Institute rapturously supports the economic policies of the elites, including gutting Social Security. Details may matter, but statutes can be changed at the expense of the workers of America.

Corker Kills the Catfood Commission; Says Nothing Will Pass in Lame-Duck Session

By: Friday July 9, 2010 3:22 pm

If someone like Corker won’t play along with the plan to cut social security, then it’s unlikely to get the mix of Republicans and deficit hawk Democrats they’ll need to pass the Commission recommendations.

Geithner Articulates Admin Plan for Deficit Reduction: Take from the Poor, Give to the Rich

By: Friday July 9, 2010 2:29 pm

Sadly, it appears the Obama Administration now falls firmly in the same camp of having “deficit reduction” just mean stealing from the poor to give to the rich. While the president talks about how we need to reduce the deficit, he has his staff and surrogates fighting diligently to increase the deficit by making sure hedge-fund managers and wealthy Wall Street investors pay a lower tax rate than teachers and police officers.

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