The Wall Street Journal opinion page carries a piece that lays out the reality of the “compromise” being discussed in Washington D.C. Pity the business owners and producers — and workers who won’t get hired — who are all poised to pay the price so that America can fulfill its growing, disturbing need to lash out at the successful and productive by making them “pay their fair share.” Rather than respect and admire the accomplishments of the successful and look at them as an example to learn from, today’s America wants revenge.
It’s clear by now that the budget talks are drifting in a drearily familiar Washington direction: Tax and spending increases now, in return for the promise of spending cuts and tax and entitlement reform later. This is a bad deal for everyone except the politicians who want more money to spend.
$20 trillion in debt, here we come. What else would you expect from an entitlement nation.