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Friday, March 1, 2013

Geoffrey Canada joins chiefs of high finance to do what, exactly? #sequester? – @ the chalk face

Geoffrey Canada joins chiefs of high finance to do what, exactly? #sequester? – @ the chalk face:


Geoffrey Canada joins chiefs of high finance to do what, exactly? #sequester?

This isn’t getting much coverage, I don’t think. But Geoffrey Canada, vaunted head of Harlem Children’s Zone, joined a couple of members of high finance to write an op-ed for the Wall Street Journal on the looming sequester. What on earth would this man have to say about it? Well, some interesting stuff, actually. Let’s see.
One of us is a Democrat; one, an independent; another, a Republican. Yet, together, we recognize several hard truths:
Government spending levels are unsustainable.
Soft, sentimental opener. But is there really an ideological difference, by and large, between these three individuals? Not much. All right, moving on.
Most consequentially, the growth in spending on entitlement programs—Social Security, Medicaid