09 January 2012

Super Committee was super dumb | Libertarian Party

Libertarian National Committee Chair Mark Hinkle released the following statement today:

"I'm not sure what to laugh at more: the 'super committee,' or the media's reporting of it.

"We've already started to see one silly article after another about 'missed opportunities' and 'failure,' and an inability to bridge the huge differences between Republicans and Democrats. What a lot of nonsense.

"At best, the super committee was going to cut total projected federal spending over the next ten years by two percent. What an absurdly low hurdle. It never mattered whether they succeeded or failed.

"Even if 'sequestration' proceeds (which it won't, Congress will override it one way or another), that still only means a difference of about 2%. It just doesn't matter. We need to cut spending by 50% or more.

"The federal government currently spends a bigger portion of America's money than it has at any time in history (except a few years during World War II).

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Super Committee was super dumb | Libertarian Party

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