J. Wellington Wimpy Economics

Rick Santelli is mighty tired of “I will gladly cut spending in the next decade if you let me blow out the deficit today.”

And he’s 100% correct: “deferred spending cuts” never ever happen.

One Response to “J. Wellington Wimpy Economics”

  1. aelfheld says:

    The inability of putatively smart people to see what is right in front of them is just frightening.

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