Sunday, January 22, 2006

I have a lot of hope that Shadegg's candidacy is a harbinger of reform and something a lot closer to fiscal discipline than what we've seen over the past five years. Maybe, just maybe, we can get to the point where GDP grows faster than government again. I'd like to set my hopes higher, but for now I'm trying to stay realistic.

Thinking more long-term, Medicare and Social Security costs will force big cuts and/or tax hikes that will dwarf all the current budget allocations that are being argued over. It's too soon to say when we'll stop delaying that choice, and who will be in power at that time.


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