Arnold Kling  

True Monopoly or False Dichotomy?

My Friend Sarah... Scott Sumner, for the Myth of ...

Adam Schwiebert writes,

citizens are told that the only choices they have are to either raise taxes or incur massive layoffs/program cuts. Absent from the False Duopoly is the third option: realign government compensation packages.

I agree completely with the position he takes. But I don't think that "Duopoly" is the right word here.

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Randy writes:

Agreed. The entire political class should take a significant paycut. But they are pulling out all the stops to distract the public from reaching that obvious conclusion.

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