Mitt Romney's genius economic solution

The biggest problem with so many Republicans is that their economic policies are 90% ideological and 10% practical. They continually bleat about public broadcasting and welfare but ignore defense spending and tax loopholes, despite the fact that the latter represents a far larger chunk of our budgetary problems.

Case in point, Mitt Romney, in a moment of pure brilliance, declared that Sesame Street should be funded by advertisements.

“We’re not going to kill Big Bird, but Big Bird is going to have advertisements, all right,” the former Massachusetts governor told a crowd Wednesday during a campaign stop at a deli in Clinton, Iowa.

In response to a voter’s question how he would curb federal spending, Romney said he’ll close some programs and find new sources of revenue for others. He said his test will be “is a program so critical that it’s worth borrowing money from China to pay for it.”

For the record, the Corporation for Public Broadcasting (the agency over NPR/PBS/etc), gets around $300-400mil per year in federal funds, representing 15% of its total annual budget, the rest coming from donations. Given that this represents somewhere in the vicinity of  .027% of the deficit, it’s rather peculiar that Mittens would focus on the CPB.

Reason? Simple. The current GOP has drifted far away from the principled conservatism of ages past to the party of Randian objectivism, so public moneys going toward anything beyond rewarding the John Galts is a grievous transgression; ergo, fuck Social Security, fuck public broadcasting, fuck health care, yay tax cuts and yay deregulation.

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