About the Blog

I shall post videos, graphs, news stories, and other material. We shall use some of this material in class, and you may review the rest at your convenience. I encourage you to use the blog in these ways:

--To post questions or comments about the readings before we discuss them in class;
--To follow up on class discussions with additional comments or questions.
--To post relevant news items or videos.

There are only two major limitations: no coarse language, and no derogatory comments about people at the Claremont Colleges. This blog is on the open Internet, so post nothing that you would not want a potential employer to see.

Monday, September 19, 2011

Obama getting creative on budget cuts

It's tough to avoid massive entitlement cuts and slash trillions from the budget at the same time without getting at least a little bit creative--and that's just what President Obama is trying to do in his new deficit proposal.

With his approval ratings tanking faster than my beloved Chicago Bears, it might not be such a terrible idea for the President to brush up on his Bardach and start thinking outside the budget box.

Most of the President's $3 trillion deficit proposal remains similar to the ideas floated over the summer; however, as Brad Plumer of the Washington Post observes, there are a few interesting ideas in the fine print.

Among them: selling off 12,000 "excess" federal properties (I hope nobody was looking to intern at La Verne Pacific Southwest Research Station) and scaling back federal flood insurance, to the tune of $4 billion dollars each.

Of course, if Congress passes on the White House plan, perhaps the President can take a page from the American public, and simply cut the 51% of government that is apparently going to waste. Talk about best practice.

No comments:

Post a Comment