Meghan McArdle Discovers That Spending Cuts Means Cutting Spending

Actually, she yells that the sky is falling, and blames the Republicans. For wanting to cut spending. (h/t: Memeorandum)

The GOP will have taken a chance at meaningful entitlement reform and a mostly-spending budget deal, and thrown it away for literally no gain.

What chance at meaningful entitlement reform was that? The one where Obama mocked Paul Ryan? The One where Obama offered a budget that the CBO said was ungradeable? The one where the Senate Democrats ignored the budget that the House passed?

Does that mean that I'm shilling for the Democrats and saying you can never cut spending?  Hardly.  But you cannot cut spending by 40% in the middle of a recession.

I'd take a 2% spending cut in real dollar terms. If Obama offered that, instead of magical next-year spending cuts that will never actually cut spending, there'd be no debt-ceiling argument. Eric Cantor suggested that, and Obama stormed out of the room like it was his party and he'd cry if he wanted to.

So yeah, Megan, that makes you a shill for the Democrats who never permits cutting spending. Because as soon as the possibility of actually cutting spending appears, you squeal like the angels are busting open the seals.

And then women will be forced to back-alley abortionists,
human sacrifice, dogs and cats, living together...