Thứ Sáu, 1 tháng 4, 2011

The inscrutable genius of Senator Scott Brown (R-MA)

Exhibit A: Scott Brown calls $61 billion in federal spending cuts "irresponsible."

Reducing and eliminating needless spending and programs are appropriate, but a wholesale reduction in spending, without considering economic, cultural, and social impacts is simply irresponsible.

And then there's Exhibit B: Scott Brown joins all 46 other Republican Senators in calling for passage of The Balanced Budget Amendment (BBA).

Today, with the backing of the whole Senate GOP Caucus, Senator [Mike] Lee introduced an amendment to the Constitution to balance the federal budget... The Hatch-Lee Balanced Budget Amendment is aimed at putting the country on a path to fiscal sanity. The central theme of this bill is that total spending for the fiscal year not exceed total receipts and must not exceed more than eighteen percent of the economy, as measured by gross domestic product.

Let's do the math. The U.S. GDP is $14.12 trillion. 18% of that amount is $2.54 trillion -- in other words, the maximum amount the federal government could spend in toto under the BBA.

2010 approved federal spending was $3.56 trillion.

Which means Scott Brown also supports cutting... $3.5 trillion minus $2.5 trillion... hmmm, carry the one... cutting one trillion freaking dollars from the budget.

* * * * * * * * *

To paraphrase Scott Brown: "$61 billion in cuts is too much, but I support the Balanced Budget Amendment that would slash a trillion in annual spending."

What a dips***.


Hat tip: Mark Levin.

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