Thought for the Day: August 1, 2011

Cutting spending in a time of a major economic contraction worked so well in the ’30s that we just have to do it again.

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2 Responses to Thought for the Day: August 1, 2011

  1. James Madison says:

    I agree this deal is terrible. It does nothing to reign in favored special interests, take a look at point 2, “[the deal]….. is designed to protect crucial investments like aid for college students;” If there is one thing I know the government wastes money on it is student aid. It just allows law schools to charge more without any additional benefits to students, the government or society.

    • Then you will be pleased to learn that the program at issue was Pell Grants, and Pell Grants are only available to undergraduates (and some post-grad teacher certificate students).

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