In response to:

Why Liberals Hate the New Simpson-Bowles Deficit Reduction Plan

rhinegarten Wrote: Feb 21, 2013 7:59 AM
HarryReidsRichLegacy wrote: " Sometimes, it is necessary for a leader to debauch the currency. All we can do is wish him well in the endeavor, as I sincerely do." Liberal goals exposed in all their glory: the wholesale destruction of the US economy. And what, pray tell, would be the purpose of debauching the currency and why is it so necessary?
Texas Chris Wrote: Feb 21, 2013 1:44 PM
This is straight out of Keynes "General Theory". The average dirt-under-the-fingernails rube won't understand why the price of milk and bread is going up faster than his hourly wage increases. He blames greedy businessmen, evil bankers, and "animal spirits" for the situation.

But it's the inflation tax. More dollars chasing fewer goods. Economic law nullifying immoral legislation.

The short and obvious explanation is that the revamped proposal emphasizes spending reductions, which is a blow to Democrats' false mantra du jour; namely, that the country doesn't have a spending problem.  The Atlantic's Derek Thompson gripes that the new bipartisan framework, advanced by the former co-chairmen of President Obama's fiscal commission earlier this week, emits a distinct whiff of Republicanism. The MSNBC crew is predictably unimpressed, as are lefty bloggers like