The Thursday wrap
USA Today's editorialists have sided with President Barack Obama in his refusal to negotiate spending cuts for raising the debt ceiling. Republicans who insist on such deal-making are “taking the economy hostage,” the newspaper says. Allow us to translate: USA Today favors higher and higher and higher and higher (and higher) debt to pay for more and more and more and more (and more) “progressive” spending. Talk about carrying the water for intellectual vapidity. ... Lest we forget, President Hypocrite, er, Obama, was against raising the debt limit before he was for it. It was in 2006, as a U.S. senator, when he argued that raising the debt limit was “a sign of leadership failure,” slavishly surrendering our economic future to foreign countries. Go figure. ... Further showing mastery of the fundamentals of economics — AHEM! — the Obama administration once again is considering the imposition of a per-mile driving tax to replace the federal gas tax (which, by the way, now is nearly triple Big Oil's profit per dollar of sales). The Government Accountability Office says that would raise the current 18.4-cent-per-gallon tax to an effective rate of 46 cents per gallon. Another “progressive” victory for the middle class, eh? ... And this just in! The Academy of Television Arts & Sciences says it will award a special Emmy to Lance Armstrong, the disgraced doping cyclist, for single-handedly reviving the career — at least for two nights — of long-in-the-tooth entertainer Oprah Winfrey. The special Emmy statuette's globe will be replaced with a syringe filled with self-promotion.
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