The Associated Press nails the GOP for budget hypocrisy, pointing out that a majority of Republicans voted for Bush’s reckless Medicare expansion. This story gives me an excuse to pontificate on why fans of limited government and free markets should not blindly link themselves with the Republican Party. And sometimes they should even hope Republicans lose. There is a very strong case to be made, for instance, that big-government RINOs such as Bush (on economic policy issues) are far more dangerous to economic liberty than Democrats. Not only do they expand government while in power, they create a fertile environment for Democrats, with their out-of-the-closet statism, to gain power and impose even more government.
That certainly has happened this decade. Bush’s profligacy slowed the economy and discouraged the GOP base, which (combined with unhappiness about his nation-building exercise in Iraq) helped deliver the House and Senate to Democrats in 2006 and the White House to Obama in 2008. It is quite likely, by contrast, that the GOP would control both ends of Pennsylvania Avenue today if Kerry had won the 2004 election. A Kerry victory almost certainly would have enabled Republicans to hold the House and Senate in 2006. And since Kerry would have followed Bush’s big-government interventionist policies, the bailout would have occurred on his watch, making it quite likely that the GOP would have enjoyed a strong year in 2008. There may have been some damage to liberty caused by a Kerry presidency (above and beyond the damage caused by Bush), but nothing compared to the damage now being imposed by Obama, Pelosi, and Reid. Food for thought. If nothing else, this AP story shows that we’d be better off if politicians of both parties stayed home all year long:
Republican senators attacking the cost of a Democratic health care bill showed far different concerns six years ago, when they approved a major Medicare expansion that has added tens of billions of dollars to federal deficits. The inconsistency — or hypocrisy, as some call it — has irked Democrats, who claim that their plan will pay for itself with higher taxes and spending cuts and cite the nonpartisan Congressional Budget Office for support. By contrast, when Republicans controlled the House, Senate and White House in 2003, they overcame Democratic opposition to add a deficit-financed prescription drug benefit to Medicare. The program will cost a half-trillion dollars over 10 years, or more by some estimates. With no new taxes or spending offsets accompanying the Medicare drug program, the cost has been added to the federal debt. …”As far as I am concerned, any Republican who voted for the Medicare drug benefit has no right to criticize anything the Democrats have done in terms of adding to the national debt,” said Bruce Bartlett, an official in the administrations of Ronald Reagan and George H.W. Bush. He made his comments in a Forbes article titled “Republican Deficit Hypocrisy.” Bartlett said the 2003 Medicare expansion was “a pure giveaway” that cost more than this year’s Senate or House health bills will cost.
[…] did they get rid of Newt Gingrich for supporting the horrific Medicare prescription drug entitlement? How about Newt’s recent sellout on ethanol? Was that enough of a last […]
The current economic meltdown is not the fault of former President Bush. The current economic recession is the result of the “Community Reinvestment Act” started my Jimmy Carter and the Democrats and escalated by Clinton that forced Banks to make bad mortgage loans to unqualified low income buyers. Bush tried to fix the problem but was blocked by the Democrats lead by Barney Frank and Chris Dodd. It was Obama’s community action group, ACORN that further intimidated the banks and mortgage companies to push the bad loans. Obama was one of the Senators that is most responsible for forcing the irresponsible loans made Fannie Mae and Freddi Mac.
Politicians in the repertoire, everyone pulls on itself(himself). When already they will calm down? Whether already there are no problems in our world more.