Galbraith Blasts Alan Simpson: He “Lacks the Temperment to Do a Fair and Impartial Job” on Deficit Commission

By: Monday July 19, 2010 1:15 pm

Simpson claimed that the Commission is “mainly working on solvency” for the Social Security system. But Galbraith says that addressing the “solvency” of Social Security is outside the mandate of the Catfood Commission.

 

The Deficit Crisis Is a Fantasy

By: Monday June 28, 2010 1:35 pm

After going to one of the AmericaSpeaks community conversations Saturday, I’m even more confident that the deficit crisis being promoted by the Peter G. Peterson Foundation, AmericaSpeaks, the National Commission on Fiscal Responsibility and Reform, and the Obama Administration, as well of much the world’s global elite is a fantasy. There is no truth to it, and it is a dangerous fantasy, because if one believes it, then that can be a self-fulfilling prophecy. The austerity they recommend for the long-term can make the slow growth and difficult times they project come true. It can catch us all in a nightmare of their making. The “reasoning” behind their fantasy is simple enough.

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