Today is the 10th anniversary of International Liberty, and I was initially tempted to commemorate the day with another introspective column.
But I decided on a different focus because I just read a story that combines two things – wasteful spending and Washington dishonesty – that I don’t like.
Let’s look at the article, which was published in The Hill.
The Senate Budget Committee on Thursday approved a GOP-backed budget resolution that would allow for draconian spending cuts by reducing both defense and nondefense spending for 2020. …The Senate’s budget
sticks to the legal caps for defense — falling from $716 billion to $643 billion, including off-book funds — and nondefense, which would drop from $640 billion to $542 billion. …The spending blueprint also would decrease spending on Medicaid, children’s health insurance and Affordable Care Act subsidies by $281 billion, and on Medicare by $77 billion. “…this is a disastrous budget for the middle class and working families of this country,” said Sen. Bernie Sanders (I-Vt.), the panel’s ranking member.
I was initially semi-excited when I read the story.
After all, we desperately need “draconian spending cuts” in Washington.
But I was only “semi-excited” because I feared – based on past experience – that these supposed reduction were fake.
So I decided to look at the actual numbers in the Senate’s proposed budget.
Lo and behold, my skepticism was warranted. There are zero genuine cuts. Instead, spending increases by an average of 3.5 percent annually under the Senate’s “draconian” budget plan.
Politicians claim there are “cuts” because spending levels in the Senate plan (orange line) don’t rise as fast as what would happen if spending was left on autopilot (blue line).
But this simply means that the burden of government spending won’t grow as fast as previously planned. I’ve exposed this scam in discussions with John Stossel and Judge Napolitano.
And I’ve condemned the Washington Post for playing this dishonest game as well. You also won’t be surprised that Obama used this dodgy approach.
The political elite like this dodgy game because they can pretend they are fiscally responsible while simultaneously making government bigger.
The bottom line is that politicians should be honest. If they want to argue that spending should grow 3.5 percent yearly (or even more), they should explain why Washington deserves more money.
But don’t lie to us about supposed spending cuts when the budget is expanding.
P.S. Remember the “sequester”? Politicians and interest groups squealed that the world was going to end because of an automatic spending cut that wasn’t even a cut.
[…] truth should matter a little bit, even in a town where lying about fiscal policy is a form of […]
[…] truth should matter a little bit, even in a town where lying about fiscal policy is a form of […]
[…] truth should matter a little bit, even in a town where lying about fiscal policy is a form of […]
[…] truth should matter a little bit, even in a town where lying about fiscal policy is a form of […]
[…] these were genuine cuts, not the nonsense we get from today’s politicians, who claim they’ve cut spending simply because the […]
[…] Suffice to say, though, that it would be great to find another Warren Harding. Here’s a chart based on OMB data showing that he actually cut spending (and we’re looking at genuine spending cuts, not the make-believe spending cuts that happen in DC when politicians boost the budget by less than previously planned). […]
[…] I wonder if Patterson and other members of the Fiscal Fantasyland Club have been tricked into thinking that there have been budget […]
[…] be thinking that’s ridiculously dishonest and beyond the pale (and it is), but that’s how they do budgeting in […]
https://www.dcclothesline.com/2019/04/10/orwellian-hate-crime-database-to-be-set-up-for-thought-criminals-in-michigan/
I’d like to try this on my taxes. I asked my boss for a $10,000 raise, but he said that all he could give me was $2,000. So I lost $8,000. I should be able to deduct this $8,000 loss from my income taxes.
Congratulations on ten years! Thank you for your efforts to keep government honest. Keep up the good work.
Dan,
Congratulations on ten years! I write only one article per week and have only done it for about two years, and I know it’s not as easy as it looks.
Also, I wanted to let you know that our ideas overlap so much, I think we’re twins separated at birth. Don’t worry, I’m not stalking you. 😁
Happy 10 years!
Eggs and bacon?! 😉
Congratulations on 10 years!!
I only discovered this site a few months ago. But I now check it daily. Thanks for your work.
Congratulations… Dr. Mitchell on publishing 10 years of International Liberty….
best wishes!
Actually, I think the dishonesty is even worse than stated. Looking at that chart, it looks like the actual “Draconian Spending Cuts” don’t actually begin until 2022, following Mini-Draconian Spending Cuts in 2020-2021. How naive do you have to be to believe those reductions will ever happen in 2022?
While I’m not surprised that government lied to us, and they are hardly budget cutters, I’d take what we can get.
Especially since the so called cuts in Medicaid come along with Trump-care, which also is not the greatest, but a significant improvement over Obama-care.
I hope the defense budget cuts foreign involvement, while beefing up cyber and satellite technology. We need to prepare for the electronic wars of the future, if we’re going to bother having a military at all.