The CBO Says We’re Screwed

The above straightforward headline is from a post by George Rasley that begins with this…

The most recent Congressional Budget Office (CBO) report on the federal government’s dire fiscal situation indicates that the United States is headed for a “fiscal cliff” and everyone in the Washington establishment and elite media seem to be studiously ignoring the warning.

…and ends with this…

Unless we get rid of the business-as-usual insiders of both political parties — who are willing to risk another recession to maintain their grip on power — the rest of us are screwed.

Nicely, and succinctly put, I’d say.

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