SOWELL: “Many people are lamenting the failure of the Congressional “Super Committee” to come up with an agreement on ways to reduce the runaway federal deficits. But you cannot judge success or failure without knowing what the goal was.
If you think the goal was to solve the country’s fiscal crisis, then obviously the Super Committee was a complete failure. But,if you think the goal was to improve the chances of the Obama administration being re-elected in 2012, it was a complete success.”
[Read Thomas Sowell’s “Failure or Success?“]
For a summary of the not-so Super Committee!!, check out: “Shocker: Congressional Super Committee destined to completely fail, completely fails” at the Washington Times.