Beware the Balanced Approach

There is an old story of a man who offers a woman a million dollars to sleep with him. When she agrees, he offers her $20 for the same thing. “What do you think I am?” the woman asks indignantly.

“We’ve already established that,” the man replies. “Now we are just haggling over price.”

Republican members of the debt-reduction supercommittee now find themselves in the same position as the woman in the story. Having agreed to give up their “no new taxes” stance, they are left with nothing to do but haggle over the final price.

Keep reading this post . . .