Compromised Into Disaster

Marc Hujer and Gregor Peter Schmitz at Spiegel, interviewing Mark Meckler:

Meckler: The compromises that we have witnessed on debt have taken our country to the brink of financial collapse. Currently, the American government is spending 44 cents of each dollar on interest payments. We have compromised our way into disaster. None of the budget plans proposed have real cuts in them — only promises to cut. The reality is that legally one Congress cannot bind the future Congress to cut, so these promises are actually a lie. We need real and immediate cuts.

You can take that to the bank.

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