Can you believe this?
The action by S&P reaffirms the need for a balanced approach to deficit reduction that combines spending cuts with revenue-raising measures like closing taxpayer-funded giveaways to billionaires, oil companies and corporate jet owners. This makes the work of the joint committee all the more important, and shows why leaders should appoint members who will approach the committee’s work with an open mind - instead of hardliners who have already ruled out the balanced approach that the markets and rating agencies like S&P are demanding.Balanced approach? "Revenue-raising measures" (read: tax increases). He's completely out of his mind. At what point do these maniacs give up on the class warfare and realize the mess they've gotten us into isn't working?