The Senate Budget Committee held its first hearing in 182 days this morning (when you haven’t introduced an actual budget in 869 days, there’s not a whole lot to discuss). The committee heard testimony from Moody’s “economist” and Democratic heartthrob Mark Zandi, frequently cited (and invited to testify) by the Left for his unfailing endorsements of Keynesian spending habits. Plus, he worked for John McCain!
Zandi wants to the government to spend now, save later, and so on. But when does he think the deficit reduction can begin in earnest? When unemployment reaches pre-recession levels? When economic growth picks up again? Nope. Just “after the election.”






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