Let’s Pretend
If you believe all the headlines and the news copy coining out of the Capital, you might be tempted to bet that Congress will mow down executive expenditures with a scythe. Don’t lay that bet. For a little while it looked as if the determined conservative minority in Congress, Republican and Democratic, backed by the taxpayers, might really achieve major economies. But it is now virtually certain that the President, in unofficial collaboration with the pressure groups, will win the Battle of the Budget. The Big Spenders can afford to let Congress save face; in fact they are more eager than the legislators to “make it look good.” So—don’t look if you want to retain your optimism—here’s how it pans out:




Comments