Today Kish and I decided to tackle some deep cleaning projects: the drawers in our dressers, and the drawers in our upstairs bathrooms.
The dresser drawers were bursting. It’s easy to just shove stuff into a drawer, thinking you’ll get to it soon. Of course, that doesn’t happen. You end up, as we did, with dresser drawers jammed with stuff from days gone by, old birthday cards, crumpled receipts for God knows what, stray glasses cases, old laminated cards that show you how to dial into phone messaging systems that haven’t existed since the Bush Administration, and chargers for cell phones that have gone the way of the dodo.
The bathroom drawers are even worse. Tubes of medication that expired in 2005. Single shoelaces with no partners. Empty Band-aid wrappers. Combs with broken teeth. Cotton balls embedded with hair. Oh, yes . . . and safety pins. Lots of safety pins.
Most of the stuff went into the garbage bag with a toss. The safety pins — all of which came from our dry cleaner at some point– I decided to recycle. Dozens of safety pins, joined together and jangling, to be put into the dry cleaning bag.
It’s a beautiful day outside, but sometimes cleaning up inside is a beautiful thing, too. With our chores done and our drawers clean as a whistle, we can go out and enjoy the lovely weather with a deep sense of satisfaction.
I agree with the “ill-designed” comment — no rational person could think that the sequestration process was “well-designed” — but the IMF really doesn’t seem to be troubled about the process, so much as the fact that the cuts were made at all. The IMF report suggests that government spending cuts inevitably hurt economic growth, both in the short term and the long term. The report states, for example, that “indiscriminate” reductions in education, science and infrastructure spending could reduce potential economic growth.
Here’s the money quote: the IMF report concludes that the sequestration cuts “should be replaced with a back-loaded mix of entitlement savings (related to healthcare and pensions) and new revenues, along the lines of the administration’s budget proposal.” Let’s deconstruct that conclusion. “Back-loaded” means not right now. “Entitlement savings” means don’t cut government payrolls or government contracts. “New revenues” means raise taxes.
In view of the recent experience in Europe and the U.S., it’s hard to believe that reputable entities would continue to insist that government spending creates economic growth, but it’s not surprising that the career bureaucrats at the IMF and its perma-tanned leader, Christine Lagarde, reached such conclusions. The IMF is one of those curious, quasi-governmental entities in the modern world that is supported by government money and interacts with government employees who spend tax dollars. In view of that fact, of course the IMF is going to object to government spending cuts and contend that increased taxes are the only answer.
The IMF has zero credibility on what produces true economic growth. It should just shut up about how the United States conducts its economic affairs and be grateful for our substantial contribution.
A beautiful, crisp, clear morning today, where the sound of water rushing over shale is irresistible. It draws you like a magnet to the banks of a tiny stream, where the sense of peace and quiet is overwhelming.