Monday, November 15, 2010

What is Wrong With Cable News

CNBC has a poll this morning that contains a set of false choices.  It asks listeners to choose between Social Security, Medicare and Defense as places to reduce the federal budget.  As the recently published Debt Commission Report suggests real choices will come from all those and more.  A Forbes columnist suggests we should eliminate funding for the Transportation Security Administration and send the function back to the private sector.   Others have suggested that we eliminate funding for the Corporation for Public Broadcasting.  The point is we should be considering all of those and more.

Some would argue that Social Security cannot be reduced.  How about, as the Commission Report said, reducing the inflation formula for adjusting benefits?  How about considering increasing the eligibility age over time?   Medicare?  How about moving a lot of Medicare from an entitlement to something closer to vouchers?   In Defense, can't it be assumed that we could make some better choices?

The point is the MSM and politicians constantly argue that cutting the budget is hard.  It was easy to get us into this mess - but just because it was easy on the way up, why should it be any harder on the way down the spending curve.

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