Academic

PETER SUDERMAN: ?The Obama administration is playing a game of opposite limbo with the federal budg?

By Glenn Reynolds

PETER SUDERMAN: “The Obama administration is playing a game of opposite limbo with the federal budget: When it comes to deficit spending, its operative question seems to be ‘How high can you go?’”

Well, you can go pretty far, until you become Britain. “Chancellor George Osborne has unveiled the biggest UK spending cuts for decades, with welfare, councils and police budgets all hit. The pension age will rise sooner than expected, some incapacity benefits will be time limited and other money clawed back through changes to tax credits and housing benefit.”

Why? Because socialism has left them broke. Ace says that this is our future, unless we wind up with riots like France, too. Well, it certainly is if greedy pols continue their loot-the-treasury policies. We’ll see if November’s elections put the brakes on that.

As Tea-Partier Moe Tucker says: ?No country can provide all things for all citizens. There comes a point where it just isn?t possible, and it?s proven to be a failure everywhere it?s been tried.?

Right on, Moe.

Full post as published by Instapundit.com on October 21, 2010 (boomark / email).