Wednesday, May 18, 2005

Bush's Budget Turning America into Argentina

More great stuff from Today's Papers:

The other nuclear scenario... With the media packs settling down to enjoy the filibuster fight, Post quasi-columnist Dana Milbank notices that a conservative think tank and a liberal one joined with the U.S.'s comptroller for a press conference to raise the alarm about the "nightmare" that is the future budget. "The only thing the United States is able to do a little after 2040 is pay interest on massive and growing federal debt," said the comptroller. "The model blows up in the mid-2040s. What does that mean? Argentina."

Milbank notes:

There were no cameras, not a single microphone, and no evidence of a lawmaker or Bush administration official in the room—just some hungry congressional staffers and boxes of sandwiches from Corner Bakery.

My only complaint about Milbank's column is that it's contrasted with the filibuster drama instead of Social Security. When BushCo holds a press conference about Social Security going bankrupt it's broadcast nationally in the middle of sweeps, when two think tanks that never agree on anything and the country's comptroller have a presser on the entire government going bankrupt all they get is a few staffers looking for a free lunch.

1 Comments:

Anonymous Anonymous said...

Enjoyed a lot! » »

11:13 AM  

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