Thursday, November 17, 2011

Just A Hunch

You remember the Supercommittee, don’t you? That’s the joint House and Senate committee cobbled together as part of the shaky resolution to the debt ceiling crisis last summer. Well, they are supposed to come up with a plan for over $2 trillion in cuts to the budget over the next ten years by next week or some draconian measures — including cuts to defense spending — will automatically take effect.

Based on what we’re seeing so far, my money is on the Draconians.