President Obama’s bi-partisan commission on cutting the deficit has come up with its draft recommendations, and they are fair, balanced, obvious, and, inevitably and unavoidably, flawed. Despite the flaws, everybody gets hurt, as everyone deserves to be when we elect a series of profligate and irresponsible leaders who spend more money than the nation has, on too many dubious projects and policies.

Personally, it would kill my already struggling personal finances dead: I’d have to sell my house, for one thing, at a lower value than it has now. Are the recommendations perfect? Surely not. They address the problem, however, and it is a problem that 1) has to be addressed 2) has to be addressed quickly and 3) will never, ever be addressed sufficiently if left to the usual corrupt legislative process, where it will sliced to pieces by lobbyists and turned into more pork, more lies, and another 3000 page bill that nobody reads before voting on it.

If Americans were responsible, honest, fair and genuinely concerned about America’s future prosperity and strength, we would just buckle down take deep breaths, and agree to make the sacrifices necessary to put the nation back on the road to fiscal health. But we won’t, will we? Continue reading →