As Ace writes, “I’ve said this forever, but the Democrats can’t speak a plan aloud, because there are only two options:”
1. Reduce benefits, which they don’t want to do, as they’re playing Mediscare yet again.
2. Massively increase the tax burdens on the middle class, which they claim they don’t want to do, but they do. All of their schemes rely on pulling more money from the middle class which is, as Willie Sutton said of banks, “where the money is.”
I actually think the Democrats want a crisis, because in crisis, the politically impossible becomes merely the politically unpalatable.
Yesterday’s infamous run-in between Geithner and Ryan brought dueling potential quotes of the year. First up:
Treasury Secretary Timothy Geithner, speaking on behalf of the Obama White House, to Rep. Paul Ryan: “You are right to say we’re not coming before you today to say ‘we have a definitive solution to that long term problem.’ What we do know is, we don’t like yours.”
And then there was this:
GEITHNER: You could have taken [the chart] out [to the year] 3000 or to 4000. [Laughs]
RYAN: Yeah, right. We cut it off at the end of the century because the economy, according to the CBO, shuts down in 2027 on this path.
No word yet if Mr. Obama and his fellow Democrats view that as a bug or a feature.
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