By James Kwak
Which of these things doesn’t belong? John Boehner: “The year 2013 should be the year we begin to solve our country’s debt problem through entitlement reform and a new tax code with fewer loopholes and lower rates.”
Can you imagine Bill Belichick (or any other football coach) saying, “This should be the year we win more games by giving up fewer yards on defense and improving our offense by reducing turnovers and gaining fewer yards per play”?
As long as Republicans persist in claiming to believe that lower tax rates will reduce deficits, nothing in Washington will change. Given their ability to deny both climate change and evolution, denying simple budgetary arithmetic is trivially easy.