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The American Empire in a Changing World



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Wednesday, April 6, 2011

David Stockman: 'Republicans need to man-up and shut the government down'

from cnn.com.........


"The Republicans need to man-up and shut the government down.  They have been bloviating for 30 years about cutting spending and have done almost nothing.
Yet non-defense discretionary spending is up $160 billion just since 2007 and has grown from $320 billion to $660 billion or 106% in the last decade. If they can’t cut $60 billion out of that massive, unaffordable growth, they should stop braying about no new taxes. 
And the government needs a shut-down crisis because both parties are dream walking. Sadly enough, we actually need a violent spasm in the financial markets to wake-up the politicians if we are to have any hope of confronting the colossal fiscal threat facing the nation."...............read it here

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