Friday, 5 November 2010
Thinking ahead to 2011
Well the Democrats lost their House Majority, but retained their majority in the Senate. While I am upset that this probably means we won't have any progress in regards to solving the problem of global anthropogenic climate change, I am excited that we may balance the budget for the first time in a decade (even longer than a decade if you discount the use of Social Security Trust Funds in the general budget). Hopefully the GOP will not resort to their old tricks that plagued us for the six or eight years they were in control. Hopefully GOP constituencies will not be exempted from budget cuts. Defense spending, entitlement spending and agriculture subsidies should not be immune from these cuts even if the GOP is reliant on old rural voters who tend to like agriculture subsidies and entitlement programs like Social Security and Medicare.