In response to:

Here’s What’s Wrong with the Simpson-Bowles Deficit-Reduction Plan

Matt in N.C. Wrote: Sep 24, 2012 7:54 AM
You're right. We could solve this problem even now, late as it is. But we won't. We can't solve a problem, except by accident, unless we can name it and discuss it. No one in Washington, not even Ron or Rand Paul, can bring himself to say just how bad things are. So we can't reach rational decisions about making things better. The fools in power will continue to squabble about deficit-reduction schemes that they don't take seriously and raising the ceiling on a debt they have no intention of paying. The rest of us will muddle along somehow. Before long, everything will just fall apart. We can only guess what lies beyond the collapse, but it's not likely to be pleasant.

Many people want to believe in Unicorns, the Loch Ness Monster, and Bigfoot. I think those people are rational and reasonable compared to the folks in Washington that spend their days dreaming of “bipartisan” and “balanced” plans to fix the budget mess.

Here are the two things you should understand. First, you need to grab your Washingtonese-to-English dictionary so you can learn that “bipartisan” and “balanced” are almost always code words for “higher taxes.” Second, budget deals with higher taxes (as the New York Times accidentally admitted) don’t “fix” anything.

The Simpson-Bowles budget plan is a good example of...