Fiscal insanity - send in the clowns
If one wants to see the "deficit of ideas" in action look to two Western States in the USA - Nevada and California. The amount of revenue generated by usual taxes, of any kind, has plummeted and both States face huge deficits that cannot be controlled by usual Keynsian economics. Money has to be raised and in the case of California the "Govinator" has proposed tax increases, government layoffs and work week reductions as well as proposing that forty percent of the prison population be released. So what is the Republican response in both States - cut taxes. What stupidity, you can't raise enough money to pay the bills and the GOP response is to reduce it further - the mind boggles.
I suppose that in the case of California when the Governor is an actor one should expect the gap between art and politics to be diminished. But when all we can do is laugh at the policies and antics of politicians we are in sad shape.
The morning chuckle, from the Ottawa Citizen
A story like this only comes around so often, I bet the headline writers had fun (pun) with this one here

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