Weekend Editorial Roundup
Here are the highlights from this weekend’s editorials on fiscal and budget policy:
- As politicians react to record high levels of unemployment, The Washington Post criticizes lawmakers for grandstanding. With record a budget deficit and interest rates at zero, The Post says, “the limits of prudent government intervention are already being tested,” and politicians should think carefully before enacting new costly stimulus spending.
- The Wall Street Journal denounces the debate over the health care reform bill as a political charade. Moderates will “protest and posture” until the bill is improved, even though the bill is so flawed that politicians should scrap it and start over, The Journal argues.
- The New York Times praises the Senate health care reform bill for including provisions that would reduce cost. The legislation is an improvement over the Senate Finance Committee bill and conservative Democrats should support the Senate bill, The Times says.
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