Is the Tea Party too Afraid to Cut Programs?
Written By: Gary North | Posted: Tuesday, June 22nd, 2010
The phrase "Tea Party" is synonymous these days with the politics of spending cuts. The big one is the compulsory health insurance law. Tea Party people want it repealed. Yet in the grand scheme of things fiscal, that law is a drop in the tea cup.
In my previous report, "A $600+ Billion Spending Cut, " I suggested a sure-fire way to cut a big chunk of spending out of government budgets: local, state, and federal. Stop funding all education. The typical voter reads this and thinks: "But that would end all progress." There is no constituency for such an across-the-board spending cut. The Tea Party has not recommended it.There are other cuts possible -- much larger cuts: end both Social Security and Medicare. Same response, only louder.
Sign into your account to read the rest of this article. »