Thursday, June 28, 2018

A Short History of Deficit Scolds

Here is a history of what I have been hearing my whole life. I will start in 1969 because that was the first year I could vote (the voting age was 21 then).

1969: The deficit and national debt are out of control. Catastrophe is just around the corner.
1970: The deficit and national debt are out of control . Catastrophe is just around the corner.
1971: The deficit and national debt are out of control . Catastrophe is just around the corner.
1972: The deficit and national debt are out of control . Catastrophe is just around the corner.
1973: The deficit and national debt are out of control . Catastrophe is just around the corner.
1974: The deficit and national debt are out of control . Catastrophe is just around the corner.
1975: The deficit and national debt are out of control . Catastrophe is just around the corner.
1976: The deficit and national debt are out of control . Catastrophe is just around the corner.
...
...
...
2009: The deficit and national debt are out of control . Catastrophe is just around the corner.
2010: The deficit and national debt are out of control . Catastrophe is just around the corner.
2011: The deficit and national debt are out of control . Catastrophe is just around the corner.
2012: The deficit and national debt are out of control . Catastrophe is just around the corner.
2013: The deficit and national debt are out of control . Catastrophe is just around the corner.
2014: The deficit and national debt are out of control . Catastrophe is just around the corner.
2015: The deficit and national debt are out of control . Catastrophe is just around the corner.
2016: The deficit and national debt are out of control . Catastrophe is just around the corner.
2017: The deficit and national debt are out of control . Catastrophe is just around the corner.
2018: The deficit and national debt are out of control . Catastrophe is just around the corner.

My message for the debt/deficit scolds (yes I mean you Simpson and Bowles): please excuse me while I ignore you the rest of my life. You're batting 0 for 50.




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