When A Big Deal Is Diddly Squat

Maggies Farm is always amusing and informative.  That’s where I found this:

It has been said before; “when something can’t go on forever…it won’t”.  This can’t go on forever.  Baby Boomers are retiring and American government spending has been unhinged for decades.  Cuts are not coming; they are here.  They may be disguised as inflation, shortages, “unexpected” emergencies, or otherwise but they’re here.

Going to the wire to cut 38 billion on a budget like ours means both parties are willfully irresponsible.  They’ll be spectators as our auto-pilot bureaucracy irretrievable grinds into unalterable fiscal limits.  It’ll be a good show.

The good news is, it could be worse.  We’re not Zimbabwe yet.  Enjoy it while you can.