Simpson-Bowles [National Commission on Fiscal Responsibility and Reform] lecture was held last evening 09/25/2012 at Wait Chapel on the campus of Wake Forest University with the lecturers being none other than Mr. Simpson and Mr. Bowles.
The lecture was merely a rehash of their findings/recommendations from the original report issued by the commission. Nothing new that can‘t be found in the original report. Was more of an infomercial for their recommendations.
The failure to explain the underlying problem leaves them whining about being ““lashed out at“ by everyone who would suffer a cutback of their government sponsored privilege via the Simpson-Bowles recommendations. That is, the “lashed out at” is depicted as “woe is me” for telling the truth. Nay, nay. If they explained the underlying problem and the purposely built government privilege system then they would know such a system generates special interests that have their own politically built constituency that require the privilege to continue or else the special interest and associated constituency disappear. Hence the special interest and associated constituency are rational in lashing out as they want to retain privilege and the “woe is me” proposition misses the point completely.