Bush’s Fiscal Sense

By Justin Gardner | Related entries in Economy

Andrew Sullivan just got back from a meeting at the CATO Institute that discussed the finer points of Bush’s spending. And even though CATO is a conservative/libretarian institution, the administration declined the invitation for somebody from the White House to speak on its behalf.

Here’s the takeaway

The salient question is: could a president Al Gore have managed to increase public spending as massively and as permanently as this crew? He would surely have been stopped in his tracks by a Republican Congress. Even a Democratic Congress would have felt the need to assuage the Republican grass roots and scaled back the huge growth. But not Bush. By hitching the Republican base to Christianism, and by legitimizing massive spending for a Republican, he has been able to dispense with much of what conservatism once meant. Limited government? Yeah, right. Balanced budgets? A joke. Individual liberty? Only if you’re in the Middle East. Huge tax increases? Just you wait. They’re now inevitable. A welfare state bigger and more intrusive than Ted Kennedy could dream of? That will be Bush’s legacy. It will take conservatism a generation to recover its bearings.

Or…just maybe…another party will pick up the fiscally responsible issue and claim it as their own.


This entry was posted on Tuesday, March 7th, 2006 and is filed under Economy. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

11 Responses to “Bush’s Fiscal Sense”

  1. kreiz Says:

    If Al Gore had increased the budget to such excesses, he would’ve been impeached or worse by a GOP controlled Congress.

  2. Charlie Says:

    With any luck the next President (either Democratic or Republican) will be more fiscally responsible than our current one. Frankly, it might be hard not to be more fiscally conservative.

  3. Justin Gardner Says:

    Frankly, it might be hard not to be more fiscally conservative.

    Well, when you set the bar so high (so to speak), you make it easier for the next guy (or gal).

  4. Honey P Says:

    We will need a Democrate to clean up this mess.
    Just as Clinton did after Reagan and Bush 1.
    Taxes will have to be raised and that will be
    all the Democrates fault. Republicans have played
    this so many times. When they say they are
    fiscally responsible it is a joke. History proves
    otherwise. Until they hire someone to fudge the
    numbers and convince the sheep otherwise.

  5. Dave Schuler Says:

    This is just a sour grapes exercise on Cato’s part. Bush wasn’t a conservative when he was nominated in 2000 or when he was elected later that year. He didn’t become one when he was re-nominated in 2004 and re-elected. He will never become a conservative.

    Bush was opposed within his own party by a perfectly good conservative: John McCain (check his voting record). Bush was the overwhelming nominee of his party (particularly among regular Republicans).

    Although Cato does not apparently endorse candidates it’s pretty clear from searching their archives that they favored Bush over McCain.

    You asked for it, you got it.

  6. ford4x4 Says:

    We will need a Democrate to clean up this mess.
    Just as Clinton did after Reagan and Bush 1.
    Taxes will have to be raised

    Why is it that taxes need to be raised? The only reason that government requires so much money is because they are so damn big. Stop funding departments that are unnecessary, and you’ll reduce the deficit without increasing taxes. The government has just become one big entitlement lobby, and every day we get one step closer to “wealth redistribution”.

  7. Jonathon York Says:

    The Cato Institute’s ‘About” particularly useful in figuring out how it is to be described:

    http://www.cato.org/about/about.html

    To wit:
    The Jeffersonian philosophy that animates Cato’s work has increasingly come to be called “libertarianism” or “market liberalism.” It combines an appreciation for entrepreneurship, the market process, and lower taxes with strict respect for civil liberties and skepticism about the benefits of both the welfare state and foreign military adventurism.

  8. Justin Gardner Says:

    This is just a sour grapes exercise on Cato’s part. Bush wasn’t a conservative when he was nominated in 2000 or when he was elected later that year. He didn’t become one when he was re-nominated in 2004 and re-elected. He will never become a conservative.

    Actually, I think Bush is most definitely a conservative. In fact, he’s a logical extension of the Christian Conservative movement that Reagan embraced and is only now bearing serious fruit.

    Concerning CATO, Bush wanted tax cuts, and that’s what he ran on in 2000. In fact, that is THE thing he ran on, so I think it’s pretty consistent that CATO would think he’s a fiscal conservative and therefore back him. And what’s CATO going to do, back Kerry over Bush in 2004? Both you and I know that would never happen.

    Also, CATO’s major support for Bush over McCain was 6 years ago. I think it’s perfectly reasonable for an organization to back somebody and then say, “Jeezus…that was a mistake. It is allowable, and I’m sure you’ll hear the sentiments of CATO repeated throughout the country with many fiscal conservatives.

    Why is it that taxes need to be raised?

    Because we actually have to tap into our retirement fund for federal workers in order to not exceed the national debt limit of $8.2 trillion.

    As far as entitlements…well, what isn’t an entitlement for you ford? ;-)

  9. ford4x4 Says:

    Because we actually have to tap into our retirement fund for federal workers in order to not exceed the national debt limit of $8.2 trillion.

    Again, why is it that we need to raise taxes?

    Maybe if we eliminated pork instead, tapping into the a government pension would be unnecessary. Maybe we should start eliminating/slashing useles departments:
    Education
    Transportation
    Energy

  10. Honey P Says:

    yes big goverment is a major problem.
    as well as many broken systems that
    can not continue to slide down the
    mountain they are now headed full
    tilt toward the bottom of. Healthcare,
    social security, Broken boarders,
    Debt never before heard of. To
    think these things can be fixed under
    the current tax system is nuts.
    First step cut welfare for oil companys.
    stop giving discounts to people who
    take our jobs to other countrys.
    Second step stop trying to spread
    democracy under a boot heal and
    fix America not some other country.

  11. Lonely Federalist Says:

    As far as entitlements…well, what isn’t an entitlement for you ford? ;-)

    The same could be said of you, Justin. :)

    When things are just rolling along, it would be “Things are so great right now, folks have money to spare. Can’t they just cough up a couple cents on the dollar to help their ‘less fortunate’ brothers out?”

    When things are down, it would be “Now is not the time to cut taxes! We’ll starve these very important programs!”

    And the only spending cut I’ve ever seen you endorse on here is…Defense, the one doggone thing that the gummint has on its plate that it really should be spending on.

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