The Best Way to Cut Deficits Is To Have The Super Committee Fail

This article explains why the best way to cut budget deficits in the moderate term is to do nothing. If we do nothing, the Bush tax cuts expire under law. That makes a big dent in the budget outlook. If the Super Committee fails to produce a plan the military budget will also be automatically cut. That would also go a long way to reduce budget deficits. Unfortunately, conservatives who oppose government spending on social programs, have no interest in cutting the budget of the Defense Department which defends us against imaginary enemies without an army that would dare to attack us. They argue that cuts in this kind of government spending would lead to the loss of jobs.