The Game of Kick the Can

The Game of Kick the Can

Tuesday, the President placed a new proposal on the table encouraging small spending cuts and new tax reforms. These new tax reforms would mostly target and raise taxes on the private equity industry and hedge fund managers, while also cutting oil subsidies.  The President only has a few weeks, March 1 to be exact, to sway Republicans before sequestration automatically goes into effect.

Our government’s constant inability to find an economic solution to our debit problem reminds me of a childhood game called kick the can. Hopefully, both Congress and the President will learn you can only kick the can so many times to keep the game going before eventually everyone gets caught and the game is over.

Click here to read the full Reuters article below. 

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