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.