Much to no one’s surprise, the supercommittee turned out to be anything but super.
There was never any real intention by the members of the committee to make cuts of any significance. Making real cuts would have made the lobbyists unhappy, and Congress is all about keeping the lobbyists happy. Now, the blame game begins.
The truth is that the whole process was a charade from the start. It’s more Kabuki Theater from the political elites who want a wedge issue to use in an election season.
Neither Republicans nor Democrats have any interest in cutting off their gravy train: Fiat money from the U.S. Treasury to the lobbyists’ pockets and back into the political elites’ coffers.
K-Street was the supercommittee’s kryptonite.