Thursday, January 22, 2004

Borrow and spend

Bush Budget Pledge Falls Flat

That's the headline on Page A4 in the Wall Street Journal today (Jan. 22). The article talks about Bush's State of the Union pledge to hold spending increases to less than 4 percent next year. First it notes that Bush made essentially the same plege the year before and failed to live up to it. In fact, the 2003 budget increased by a whopping 15 percent making it the largest single year increase in more than three decades.

"During Mr. Bush's first three years in office, annual appropriations will have grown about 32 percent, to about $874 billion from about $664 billion..."

Back when Reagan was cutting taxes and spending money like a drunken sailor they tried to blame the exploding deficits on the Democratic-controlled House. They can't do that today, of course, since the Republicans have been in charge now for nearly 10 years.

The truth is that Republicans don't really care about the deficit. They load up spending bills with even more pork than the Democrats used to with the difference that they accompany it with big tax cuts. The Democrats used the tax and spend formula to promote their programs while Republicans prefer to borrow and spend. Republicans are anti-government as a rule so now that they are in charge they are trying to milk it for all it is worth while running it into the ground. And once the free ride is over they will just wash their hands of it and walk away. They got theirs and everyone else will just be out of luck.
I don't believe the crockodile tears being shed by some conservatives over the budget problems. If they are so concerned about it why aren't they running somebody against Bush who can balance the budget?
And grow the economy? Someone like Bill Clinton....

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