Originally posted at Capital Gains and Games.
Bruce Bartlett emailed me to say that, rather than cancel the sequester as I recommended, we should get the band back together and reconstitute the anything-but-super committee to give it another chance to come up with a deficit reduction plan.
Sorry, Bruce...But I just don't see the need to go there yet again.
How many federal budget commissions, special committees, advisory groups, and private negotiations do we need to fail before we admit they don't work? Think about just the past few years: The Biden-Cantor negotiations, the Obama-Boehner summit negotiations, the B-S (that is, Simpson-Bowles) commission, the anything-but-super committee, the gang of six -- fail, fail, fail, fail, fail.
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