Tag: overspending

Categories
Accountability Common Sense government transparency national politics & policies porkbarrel politics tax policy too much government

The Spenders’ Eternal Excuse

Gluttony

Most modern welfare states have a huge problem: their politicians promise more than government revenue covers. So they borrow and borrow until they can borrow no more.

And then they go down. Like Greece has gone down. Banks are closed there, and the people suffer.

The problem is over-spending and over-promising (the latter being merely committing to future over-spending, so let’s just call it all over-spending). But when you confront a partisan of such extravagance — whether that person be a politician or a constituency beneficiary or an ideological socialist or social democrat — the most common defense is: THEY WOULDN’T LET US TAX ENOUGH.

The “they” in such defenses could be an opposition party, or a constituency, or . . . “the evil rich.”

But anyone with something other than a lump of coal for a brain knows the real truth: responsible people don’t make such defenses. If a political difficulty gets in the way of the extra revenue needed for something promised, it’s practically the same as an economic difficulty, so the excuse falls apart.

Say again?

If you cannot get enough revenue for your favorite program, it doesn’t matter whether the people who are the source of your “needed” revenue are broke — have nothing to give — or they simply balk at giving. The point is, you don’t have the revenue. The responsible reaction would be: cut back on spending.

Responsible people budget; irresponsible people blame others for not having the wherewithal to spend and spend and spend.

This is Common Sense. I’m Paul Jacob.

Printable PDF

Gluttony

 

Categories
links

Townhall: The Politic Path of Least Resistance

The looming debt load will some day come a-crashing. But politicians are doing nothing — or nest to nothing — to stop the growth of the debt, and thus keep on piling on the extent and severity of debt.

So click on over to Townhall.com, to read this weekend’s column by Yours Truly, the purveyor of Common Sense, and then come back here for further reading.

Categories
national politics & policies too much government

Divided We Stand

Politicians like to talk about “unity” and “co-operation” and “getting things done.”

This would be all well and good if, when they manage to co-operate, they could restrain themselves from going whole hog and radically increasing government spending.

But the evidence is: They can’t.

Politicians in Washington are most co-operative and least “obstructionist” when the legislative and executive branches are united by party — that is, the majority’s in Congress is the same as the president’s. But look what happens when there’s united government under one party: Government growth.

A graph compiled by Mercatus Center research fellow Matthew Mitchell makes this easy to see:

Since Eisenhower, the federal government has grown every administration, every year. But the rate of growth is highest when government is united by party. It tends to grow less when there’s divided government. The rate of growth? 2.55 percent with divided government, and nearly double that — 4.67 percent — with united government.

If you look at the graph carefully, you can see there are anomalous developments and periods. And you can see that some famous (Reagan, Clinton-era) attempts at pruning spending hasn’t amounted to a reduction in total spending, yet. But still, the graph is a bit comforting, when you realize that we have divided government now, after a period of united government and massive spending increases.

This is Common Sense. I’m Paul Jacob.