The big economic debate

Kudos to Senator Ryan for launching the discussion on the American long-term budget reform. I'm not a fan of Paul Ryan who is a big mouth and self-promoter and while I mostly disagree with his proposal I salute the effort which stand in stark contrast with the Democrats' side and of course, our President's.

Sure, once again, the “elephant in the room” are the conclusions by the National Commission on Fiscal Responsibility and Reform that neither Democrats nor Republicans want to embrace, because it might just happen to be a half-way meeting point for both ideologies; why, in the world no one talks about it, as if it had been buried long, long ago? I have, for a long time, said that we prosecuting wars is the kind of sorry “activities” we no longer can afford, so why isn't Defense on the top of the list of expenses to ax?

While we need to cut spending, we also need to raise revenue and of course, this is anathema to the the Republican ideology. Well the good news is that it might get a conversation going between the American people and their government about long term budget along with economic survival and that it could yield some positive result, or at the very least inform the public that we're indeed standing precariously on the edge of an horrendous cliff. The alternative is that I'm kidding myself. I might...