Quote of the day

Kentucky senator Rand Paul in the Wall Street Journal:

"A real discussion about the budget must begin now—our economy cannot wait any longer. For 19 months, unemployment has hovered over 9%. After a nearly $1 trillion government stimulus and $2 trillion in Federal Reserve stimulus, the Washington establishment still believes that we can solve this problem with more federal spending and the printing of more money.
That's ridiculous, and the American people have had enough."

Paul then goes on to detail his proposal to cut $500 billion from federal spending. That makes up 40% of the projected deficit for the year. That's right; half a trillion in cuts is less than half of the projected deficit. something needs to be done, and it needs to be done immediately.