Tuesday, March 1, 2011

Two-Week Budget Bill Clears House - WSJ.com

BALANCE, IM-PBALANCE:Two-Week Budget Bill Clears House - WSJ.com

From what I read in the comments to articles in the WSJ, a number of people have no faith in the fiscal management of government by now either party.

Clearly many (likely small business owners who could hire and expand there businesses) think only unspeakable (oh well, speak if you will) things about Obama, et al.

But now, the Tea Party has clearly been bought off.

This has to be a negative to the confidence necessary on the part of small and other business people that the government will cut back the entitlement (and implicitly higher tax and interest rate) juggernaut.

It's a sad day - unless one assumes this idiocy will lead to a major break that will suddenly open people's eyes to the need to start to balance work and reward, savings and investment with a free lunch.

Will all of this balancing happen within a few years or is it decades or a century or more away?

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