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Who’s
Irresponsible?
By Mona Charen
7/15/2011
Count
on it: In the coming days and
weeks, Republicans will be accused -- not just by Democrats, but by the
chattering class that includes some self-styled conservatives -- of
wild
irresponsibility regarding the nation’s fiscal health. It isn’t that
Republicans are models of rectitude on the subject -- see the Bush
deficits.
And it’s true that some Republicans, like Americans for Tax Reform’s
Grover
Norquist, have fetishized their opposition to taxes to the point where
they
defend pot-valiantly even tax subsidies such as those for ethanol. It’s
enough
to make you think they’re drinking the stuff. Still, when it comes to
chaperoning America toward bankruptcy, the Democrats have no peers.
Here
are some facts to keep in mind:
In
February 2010, President Obama
formally acknowledged that debt and deficits were potentially fatal
problems
for the United States. Declaring, “For far too long, Washington has
avoided the
tough choices necessary to solve our fiscal problems,” Obama appointed
a
deficit commission to make recommendations about controlling America’s
skyrocketing debt. “I’m confident,” the president blustered, “that the
Commission I’m establishing today will build a bipartisan consensus to
put
America on the path toward fiscal reform and responsibility. I know
they’ll
take up their work with the sense of integrity and strength of
commitment that
America’s people deserve and America’s future demands.”
They
did take up their work in that
spirit. The president and his party were another matter. A majority of
commission members issued a report in December 2010. Saying “America
cannot be
great if we go broke,” the report called for ambitious spending cuts
(reducing
spending to 21 percent of GDP over the next quarter century from its
current
rate of more than 25 percent), dramatic tax reform and sweeping changes
to
entitlement programs, including narrowing eligibility for the wealthy
and
increasing the retirement age. “The era of debt denial is over, and
there can
be no turning back,” the Bowles-Simpson commission concluded. “In the
words of
Sen. Tom Coburn, ‘We keep kicking the can down the road and splashing
the soup
all over our grandchildren.’”
Members
of the Republican House leadership
issued a respectful response, demurring on some points. “This is a
provocative
proposal, and while we have concerns with some of their specifics, we
commend
the co-chairs for advancing the debate.” Nancy Pelosi pronounced the
proposal
“simply unacceptable.”
The
president ignored the report
entirely -- choosing to douse the grandchildren.
Unlike
Republicans under President
Bush, Democrats were in full control of the federal government from
January
2009 until January of 2011. Despite a 77-seat majority in the House, an
18-seat
majority in the Senate and a Democrat in the White House, the
Democratic Party
became the first since budget rules were enacted in 1974 to fail to
pass a
budget. Budgets are clarifying. So is the failure to produce one.
Obama
submitted a proposed budget in
February that didn’t come close to accounting for the structural
increase in
spending his health care plan would impose forever on the U.S. economy.
The
Democrat-dominated Senate voted it down 97-0. Two months later, with
much
fanfare, the president declared his February budget to be superceded by
a new
approach to the deficit problem -- a highly tendentious and partisan
speech.
When members of the House Budget Committee asked Douglas Elmendorf,
director of
the Congressional Budget Office, to evaluate the president’s “budget
framework,” Elmendorf was at a loss: “We don’t estimate speeches. We
need much
more specificity than was provided in that speech for us to do our
analysis.”
The
Republicans, by contrast, passed a
budget within three months of retaking a majority in the House. The
Ryan budget
was hardly a libertarian’s dream -- it permits federal spending to
continue to
increase by 2.8 percent per year for 10 years and contemplates
permitting
government spending to amount to about 20 percent of GDP. But the
Obama/Democratic de facto budget will increase spending by 4.7 percent
per
year, keeping spending as a percentage of GDP at more than 24 percent
by 2021.
Since tax revenues have averaged about 18 percent of GDP since World
War II,
Obama’s budget, even with dramatic tax increases, ensures fiscal
insanity.
Obama’s
two chosen chairmen of the
deficit commission, Democrat Erskine Bowles and Republican Alan
Simpson, lauded
the Ryan/Republican budget as “a serious, honest, straight-forward
approach.”
The president’s budget, they said, “goes nowhere close.”
In
debt ceiling negotiations, the
president has reportedly threatened to “go to the people with this.” By
“this,”
the president presumably means an invitation to national decline,
Democrat-style.
To
find out more about Mona Charen and
read features by other Creators Syndicate columnists and cartoonists,
visit the
Creators Syndicate web page at www.creators.com.
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