August 02, 2003

This is Conservative?

As I've said before, presumably one of the objective points in favor of conservatives historically has been their role as "fiscal conservatives", but really, when is the last time a Republican president was actually a fiscal conservative? I mean, Reagan just plain wasn't, and you can't blame that all on the Democratic Congress, because Reagan's official budgets sent to Congress were higher than what spending was eventually improved. Yes, I know all spending bills originate in Congress technically, but for all intents and purposes, they can originate anywhere.

Anyway, according to a Cato Institute Study (Cato is a libertarian think tank with a strong conservative bent), Bush with a *Republican* Congress is far, far worse than any Republican, and he was WAY worse than Clinton (even when Clinton had a Democratic Congress):

The Bush administration's newly released budget projections reveal an anticipated budget deficit of $450 billion for the current fiscal year, up another $151 billion since February. Supporters and critics of the administration are tripping over themselves to blame the deficit on tax cuts, the war, and a slow economy. But the fact is we have mounting deficits because George W. Bush is the most gratuitous big spender to occupy the White House since Jimmy Carter. One could say that he has become the "Mother of All Big Spenders."

The new estimates show that, under Bush, total outlays will have risen $408 billion in just three years to $2.272 trillion: an enormous increase in federal spending of 22 percent. Administration officials privately admit that spending is too high. Yet they argue that deficits are appropriate in times of war and recession. So, is it true that the war on terrorism has resulted in an increase in defense spending? Yes. And, is it also true that a slow economy has meant a decreased stream of tax revenues to pay for government? Yes again.

But the real truth is that national defense is far from being responsible for all of the spending increases. According to the new numbers, defense spending will have risen by about 34 percent since Bush came into office. But, at the same time, non-defense discretionary spending will have skyrocketed by almost 28 percent. Government agencies that Republicans were calling to be abolished less than 10 years ago, such as education and labor, have enjoyed jaw-dropping spending increases under Bush of 70 percent and 65 percent respectively. ...

That the nation's budgetary situation continues to deteriorate is because the administration's fiscal policy has been decidedly more about politics than policy. Even the tax cuts, which happened to be good policy, were still political in nature considering their appeal to the Republican's conservative base. At the same time, the politicos running the Bush reelection machine have consistently tried to placate or silence the liberals and special interests by throwing money at their every whim and desire. In mathematical terms, the administration calculates that satiated conservatives plus silenced liberals equals reelection.

How else can one explain the administration publishing a glossy report criticizing farm programs and then proceeding to sign a farm bill that expands those same programs? How else can one explain the administration acknowledging that entitlements are going to bankrupt the nation if left unreformed yet pushing the largest historical expansion in Medicare one year before the election? Such blatant political maneuvering can only be described as Clintonian.

But perhaps we are being unfair to former President Clinton. After all, in inflation-adjusted terms, Clinton had overseen a total spending increase of only 3.5 percent at the same point in his administration. More importantly, after his first three years in office, non-defense discretionary spending actually went down by 0.7 percent. This is contrasted by Bush's three-year total spending increase of 15.6 percent and a 20.8 percent explosion in non-defense discretionary spending.

Sadly, the Bush administration has consistently sacrificed sound policy to the god of political expediency. From farm subsidies to Medicare expansion, purchasing reelection votes has consistently trumped principle. In fact, what we have now is a president who spends like Carter and panders like Clinton. Our only hope is that the exploding deficit will finally cause the administration to get serious about controlling spending.

No, the only hope is that in 2004 the Moron-American vote stays home.

Posted by Observer at August 2, 2003 11:44 AM
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Oh wait! Have you heard the conservative politicos tripping over themselves trying to explain how a budget deficit not a bad thing any more? LOL! I sure have, and I just laugh my ass off every time! They bitch and moan about the "tax and spend" liberals, but at least the liberals were trying to spend what they had, not spending into a deficit. Now we have the "we don't need any income in order to spend because deficits won't kill us" conservatives. What a crock! I wonder what would happen if I said to the IRS, "I'm sorry, I can't pay my taxes this year, or for the next 3 because I'm in a deficit spending pattern." I don't think that would fly too well.

Posted by: Perkusi on August 3, 2003 02:35 PM