Wednesday, March 6, 2013

Those Little Cuts

I've observed this elsewhere, so it may as well go here, too.

When we had the so-called "fiscal cliff", we had roughly US$85billion in tax increases.  With the "sequester", we have had roughly US$85billion in spending cuts.  To be sure, those cuts are poorly focused.  If only we could get the Democrats to be responsible partners in passing a federal budget.

While I support an 80/20 ratio of cuts to tax increases, I also think that the above is "balanced".  Or at least, the perception of "balance" is a good test between a reasonable observer and a ideologue or a partisan.

It is hard to know exactly what the problem is with the Democrats in the Congress as well as our President.  I suspect that they see government spending as a means of power and control.  Anything that diminishes that power is something they oppose.

I also suspect that they may also suffer from a sense of denial.  Like every other person that has taken a real world look at our budgetary problems, they understand that the driving force behind our out of control spending is the unrestrained and unsustainable growth in social programs.  But because their "base" has been sold on the relative merit of those programs, they do not dare act as responsible legislators and begin limiting spending in that area.

Instead, we continue on an inexorable course towards national fiscal insolvency with plenty of pain for people that will find themselves dependent on government programs.

One disappointment is the lack of Presidential leadership on the issue.  Mr. Obama has said that we need to cut wasteful spending.  I have heard him issue such pronouncements in the past.

Yet he has not seen fit to demonstrate any leadership on the issue.  The White House has yet to issue a detailed list of programs to be cut.  Rather than work face to face with the Republicans to develop cuts that make sense, Mr. Obama has returned....again, and again...to the campaign trail.

The Democrats in the Senate are worse.  They haven't passed a budget for almost four years.  They won't pass their own budget.  They voted against Mr. Obama's budget in significant numbers.  And they refuse to bring any budget passed by the House to the floor of the Senate.

They are doing little more than closing their eyes and hoping that are nation's fiscal issues will somehow disappear.

Their eyes are closed. 

Ours are not.

No comments: