Spending Cuts Even Democrats Can Support

jjmalonejr

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Mon Jun-19-06 10:23 PM
Original message

Spending Cuts Even Democrats Can Support

(snip)

Reasonable economists can disagree about the magnitude of distortions caused by taxes, as well as on whether continued borrowing will cause a financial crisis. And reasonable economists are understandably skeptical about starving the beast, since the substantial increase in expenditure following the Bush tax cut is at odds with this hypothesis.

But the claim that government expenditure cannot be cut is dead wrong. I offer here a list that Democratic economists should embrace. The numbers after each item are the approximate annual savings in 2006 dollars.

(snip)

Details are here.

http://www.tcsdaily.com/article.aspx?id=061306B

Are these spending cuts even Democrats can support?

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Robbien

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Mon Jun-19-06 10:27 PM
Response to Original message

1. What a horrible title, even Democrats can be "reasonable"

not going to bother giving them a hit by clicking through.

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jjmalonejr

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Mon Jun-19-06 10:42 PM
Response to Reply #1

2. I think you're misinterpreting the article, here's another sample..

Here's another sample from the article:

"Note that my list of cuts is consistent with Democratic views on redistribution; it does not cut a penny from programs for the poor. And my list does not address substantial but controversial programs that I personally would eliminate (drug prohibition and the Iraq war, for starters)."

I think it's worth a read. Republicans have abandoned fiscal responsibility. Democrats should pick it up. They don't have to abandon their core principles to do it, they just have to modify their message.

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Robbien

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Mon Jun-19-06 11:09 PM
Response to Reply #2

3. It may be worth a read, but many would stop at the headline

as I initially did. Okay, after clicking through he has good ideas. The government entitlement programs should be safety nets for the general public, the rich should be taken off of it. It is surprising the amount the rich leach from the system, $300 billion.

The Farm Subsidy should be the first to go since the few family farmers left receive the least benefit from that cash cow.

But no one will ever get a politico to say no to pork, sad as that is.

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