Why Vote for People Who Think You Are Stupid?

MIT economist Jonathan Gruber, who was the key outside consultant to have helped design and push for Obamacare--come on, you remember him--has decided to reveal to the entire planet just what port-side politicians and wonks think about the masses: "This bill was written in a tortured way to make sure CBO did not score the mandate as taxes. If CBO …

Is Our Deficits Shrinking?

President Obama claims that they are. Keith Hennessey has a better grasp on the facts:CBO projects that under current law we would have a deficit of 4% of GDP for 2013, meaning that our debt/GDP will continue to rise. CBO further projects that under the President’s budget we would have a deficit of 4.2% of GDP for 2013, slightly …

%d bloggers like this: