There is no free in liberty.


Tuesday, November 22, 2011

Who Is Rep Brad Miller (NC-13 [running in NC-4])?


Let's look at what he said upon the failure of a special bipartisan supercommittee to reach an agreement on cutting at least $1.2 trillion from federal deficits.

Brad Miller via The Charlotte Observer:

"I didn't think they would do anything to put their political careers at risk," Rep. Brad Miller, D-N.C, of Raleigh, said of Republicans. He blamed the GOP for failing to consider increased taxes on wealthy Americans.

Consider his answer as framed within the free fall Europe is now experiencing.  On the one hand there is Estonia, an ECU nation that has found its footing amid member ECU nations in free fall:

In the middle of this year, two rating agencies, Standard & Poor's and Fitch, upgraded Estonia's credit rating. The country had a budget surplus of €115 million in the first two quarters, and it is expected to virtually balance its budget for the entire year. Government debt is about 6.6 percent of the gross domestic product...

On the other there is the rest of Europe (continued from above):

...as compared with 120 percent in Italy, 160 percent in Greece and 80 percent in Germany. In the first two quarters of 2011, the Estonian economy grew at an annualized rate of 8 percent. 

Brad Miller's approach is the same as that adopted by the majority of Europe, increased government spending, increased debt, increased likelihood of sovereign default.   What he rejects is the healthy nation growing (as opposed to government growing) choice of austerity that has returned Estonia to its feet while its member ECU nations continue their free fall toward sovereign default.

One can not escape the conclusion that Brad Miller wants for our nation what the EU has already found.


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