The super committee is a total political ploy. “Super committees” and “blue ribbon commissions” are Washington-speak for “just kick the can down the road to the next generation.” Its mandate to cut an additional $1.5 trillion in debt is laughable when we are staring at a staggering $14.3 trillion debt that continues to grow.
It is a near certainty that the super committee will deadlock because Democrats continue to insist that economy killing tax hikes be part of the equation. Our unemployment rate stands at 9.2 percent with fresh numbers coming out at the end of the week. It would be disastrous to raise taxes while the Obama recession continues.
Read more at Politico here.
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