While the congressional Super Committee struggles to agree on budget reforms that would result in paltry savings of $1-2 trillion dollars, the financial geniuses at the Tea Party front group FreedomWorks have managed to shape a plan that will slash the deficit by more than $9 trillion without raising taxes on the long-suffering One-Percenters who control the vast majority of the wealth in America. How did they do it?<\/p>\n
The Tea Party proposal is wildly out of touch with economic reality, as well as public opinion. When exploring the details of the plan you will find such absurd suggestions as privatizing the Transportation Safety Administration and Air Traffic Controllers. That makes perfect sense to anyone who is pleased with the way that private airlines keep passengers trapped aboard planes that have been delayed on the tarmac for eight hours. Let’s empower those folks, who are motivated only by profit, to manage the safety of our airports and air travel.<\/p>\n
The FreedomWorks Tea Party Debt Commission asks us to…<\/p>\n
“Imagine a plan that cuts, caps, and balances federal spending without raising taxes; that gives future generations control over their own retirement security; and that lifts the massive debt burden from our children’s shoulders so they can know the American dream of ever-higher freedom and prosperity.”<\/p><\/blockquote>\n
I think I can imagine exactly what the Tea party has in mind:<\/p>\n