Will Dems Become Party of Fiscal Responsibility?

Two of them — House Majority Leader Hoyer and House Education & Labor Committee Chair Miller — certainly use the right rhetoric in proposing “paygo” legislation, the underlying principle of which many people (including me) support.

Then again:

    We know how empthy rhetoric and proposals can be — e.g., the Republican spendthrifts of ’00 to ’06.

    We know that both rhetoric and proposals often get smashed to bits on the brick wall of political reality — e.g., fighting to continue defense spending in your district despite the military’s consensus that it’s no longer needed.

    We also know that fiscal responsibility is too often advanced via actual and threatened tax increases rather than spending cuts — e.g., the recurring shadow of taxing employer-provided benefits in the current, circuitous health care debate.

So, yes, kudos to Reps. Hoyer and Miller for saying and proposing the right things. But I hope they’ll forgive me if I don’t celebrate just yet — if instead I play my Missouri “Show-Me” card and demand to see the rhetoric, and the legislation that rhetoric backs, put into practice, yielding results, before I believe any of it. (And yes, that goes for you, as well — times two — leaders of the GOP.)

Author: PETE ABEL

10 Comments

  1. Yes, shortly after Americans become the people of fiscal responsibility.

  2. Will things begin to fall up rather than down?

  3. “right rhetoric in proposing 'paygo' legislation”

    Pete, _ p l e a s e _ go beyond the mere rhetoric and a) examine the details; b) consider the motives.

    This initiative deliberately excludes vast amounts of spending — it contains notorious exemptions.

    Add to that that a number of Dems like Rangel will fight even this bogus fiscal restraint, as they have in the past. Rangel, for one, is on public record as opposed to “Pay-Go” (an abbreviation of the correct term, “pay-as-you-go,” to make it easier and snappier to hear and say); Dems are opposed to displine.

    We know what this is: an Obama-continued-campaign gimmick, a Dem-voters'-feel-good gimmick, a pretence at responsibility (to make Obamaniacs and Dem voters feel good) that provides political coverer for, and a (bogus) rationalization (more directly, a fraudulent excuse) for future tax increases.

    Let's see real balanced budgets (overall, no “on-” vs. “off-” budget gimmickry and evasion), some real fiscal responsibility (the Dems have wasted no time in showing themselves to be the worst when it comes to finance and willingness to buy popularity and _votes_; they already have dwarfed the GOP's poorest behavior, as was anticipated, was predictable), and let's see reform consist mainly of reduction in spending, not vast tax increases that put the federal government into heretorefore unknown size ranges of the GDP and fraction of the economy (while smug lib Dems look at Europe and giggle about US “progress”). Let us see the federal government subject _itself_ to Generally Accepted Accounting Principles and reduce size and spending even _more_ than needed for present-day corrections in order to set finances right for the vast future liabilities (which someday may be reduced, somehow).

  4. DLS — did you not read my post? I clearly do not accept the rhetoric at face value. That was the point.

  5. There currently isn't a party of fiscal responsibility, and it's exceedingly unlikely the Democrats will become one.

  6. Democrats and fiscal responsibility? Now thats an oxymoron So is Republicans and fiscal responsibility as of late with a few exceptions.

    Get the far right out of my bedroom and the left out of my wallet and I'll be a happy camper.

  7. Pete — my larger reply was an “open letter” about a “pay-as-you-go” initiative by Obama that already has seen some effort. Don't expect much different from anyone in Congress.

  8. Here is a question.

    How can anyone even consider the democrats being fiscally responsible when they are running up the biggest deficit in the history of the nation?

    http://media3.washingtonpost.com/wp-dyn/content

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