USING GOP-TEA STANDARDS TO SAY WHO AMONG US IS FISCALLY SERIOUS
Where were these two, when "fiscal sanity" required demanding that "fund the troops" was no reason to give the GOP a pass on shared sacrifice?
You know, the long-term picture of imbalances hasn't changed in the 24 months that Obama has been in office.
Except, that he improved it with at least some attempts to curb health cost inflation, right? Against lock-step opposition.
Meagan McArdle:
We can eliminate the mortgage deduction on non-primary residences or any combined amount of interest on mortgage debt on non-investment properties over $500,000, say (pick a number). Do it now. Why one has to "phase in" so you can soak the lower and middle class is inscrutable. I'd put in an exclusion for people who refinance, who had planned to be able to do so at a tax-advantaged rate, that's all.
Raise the social security tax to 90% of income. Do it now or over five years.
The fact that these are not on the table, shows that you're not fiscally "serious", maybe, right?
End agricultural subsidies to large-scale farmers, excluding some programs. Do it now.