Friday, January 11, 2013

A paragraph to ponder

From the New York Times column by David Brooks on January 8, 2013 - - Why Hagel Was Picked:

"As a result, health care spending, which people really appreciate, is squeezing out all other spending, which they value far less.  Spending on domestic programs - for education, science, infrastructure and poverty relief - has already faced the squeeze and will take a huge hit in the years ahead.  President Obama excoriated Paul Ryan for offering a budget that would cut spending on domestic programs from its historical norm of 3 to 4 percent of G.D.P. all the way back to 1.8 percent.  But the Obama budget is the Ryan Budget.  According to the Office of Management and Budget, Obama will cut domestic discretionary spending back to 1.8 percent of G.D.P. in six years."

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