Thursday, July 14, 2011

The Republicans as "The Lone Ranger"

Not only do the Republicans think that they are on the just side, but they think they can shoot faster and straighter than their opposition and that they have silver bullets that will cure all problems.

Instead of compromise, they keep shooting more silver bullets, the latest being a balanced budget amendment.  Do they think that each and every administration and each and every Congress will hold to it without coming up with some gimmicks to get around a balanced budget amendment?  All one has to do is to treat an operating expense as a capital expense and borrow for it.