Wall Street Pit I am not sure which is worse: superstitions based on science or superstitions pure and simple. Many people would react to across the board cuts in government spending by saying something like: “This is crazy; some things are more important than others. We should cut the less important things first.” And, indeed, economists would seem [...] View the full post at: In Favor of Across-the-Board Cuts in Government Spending Related posts: FOMC Cuts Fed Funds Rate by 50 bps The Fastest Growing Class of Millionaires: Government Workers Is Obamanomics Conservative or Revolutionary?