There Has To Be A Campaign To Make These Dingbats Stop Trying To Neuter the Fiat

   (Commentary posted by Roger Erickson.)





There's a new farce playing on L Street.

Who's Afraid Of The Big Bad Fiat?

starring NEUTER THE FIAT as arch Deficit Terrorist

If you're afraid of fiat, then of course the CBO's outlook on fiat is frighteningly predictable.

Previous generations were easily frightened by these type of Budget Slasher movies, but younger generations expect more initiative, and more sovereign action. So let's hope & pray that this play runs for only a short time before audiences lose interest.

And if a corporation is a person, surely a culture and an economy are animals too. Do we really want to emasculate AND defeminate both our economy and culture? Why not just drain all the private savings too? Oh, because they'd already be gone, as a consequence of neutering the fiat. I'd advise getting a second opinion before letting these dingbats go on a nip and tuck spree.

The following news release has been edited for clarity, with out-of-context semantics replaced with context-relevant semantics.

---------- Forwarded message ----------
From: [Neuter The Fiat] Campaign

[NEUTER THE FIAT!!!]

For Immediate Release
Date: July 15, 2014
Contact: Jack Deutsch (deutsch@[NeuterTheFiat].org, 202-735-2801)

[Neuter the Fiat] Says CBO's Long-Term Budget Outlook Frightening and Predictable 

The Congressional Budget Office's new long-term budget projections show debt on an unsustainable long-term path. Under CBO's current law projections, [then IF NOTHING CHANGES - even though it always does] debt will grow from less than 74 percent of GDP in today to 80 percent by 2025, will exceed the size of the entire economy in the mid-2030s, and will double GDP after 2080. 

Maya MacGuineas, head of [Neuter the Fiat], made the following comment:

"This report shows just how dire the long-term [private financial savings] situation is. The government's official scorekeeper itself says these [private saving] levels 'would ultimately be unsustainable.' Anyone that looks at the current situation and thinks our [private financial savings] problem is solved just isn't paying attention. 

Unfortunately, the cost of this [private financial savings] isn't abstract. As CBO explains, it would lead to slower growth, higher interest rates, and less flexibility for the government to address new challenges. In only a quarter of a century [if nothing else changes, though it always does], income per person could be $2,000 to $5,000 lower as a result of our growing [private financial savings] levels. 

The [gold-std] lining in this report is that policymakers still have time to act. CBO explains that if policymakers act soon, the [private financial savings] could be reduced with smaller and more gradual changes that can improve economic growth and give people time to plan. 

But if Washington continues to kick the can and avoid dealing with the long-term drivers of our [private financial savings] , the magnitude of changes that will be necessary and the risk of a fiscal crisis will be greater. That's something this country just can't afford."

###

[Huh!? What currency system are these people from?]

For more information about the [Neuter the Fiat] Campaign, please visitwww.NeuterTheFiat.borg.

[Neuter the Fiat] Campaign | 1899 L Street, Suite 225 | Washington | DC | 20036

###

Meanwhile, in the chart below, can they neuter one part without neutering the obligately yoked parts? I'd rather they experiment on themselves, and prove it it a self-neutering clinical trial, before practicing on the rest of us. Where's the Federal Dingbat Administration when we need one?