Thursday, April 22, 2010

Deficits, Tea Parties, and Bush

Larry Elder at Townhall.com writes about criticisms -- the Tea Party folk didn't complain when Bush was running up deficits.
 
One TP critic put it this way: "During these Tea Party protests conservatives are showing why the word 'hypocrite' should be part of the dictionary definition of conservative. They said nothing and did nothing while Bush and the Republican Congress were getting the country into deeper and deeper trouble. The conservatives who organize the Tea Party protests sat on their hands and did nothing. They did nothing when the balanced budget was destroyed, nothing when Bush exploded the deficit, nothing when Bush cut taxes instead of raising them to pay for the war he started."

As to Bush's non-defense, non-homeland security domestic spending, people did complain -- lots of them and frequently. Why isn't this more widely recognized? When a conservative criticizes Rush Limbaugh, that's news. The left hates Limbaugh. When a conservative criticizes Bush's spending, that's not news. The left loves domestic spending. For liberals, Bush's No Child Left Behind program "wasn't fully funded." The prescription bill for seniors contained a "doughnut hole," which made it insufficiently generous.

Conservatives, pundits and talk show hosts routinely blasted Bush for domestic spending. In 2003, after the passage of the Medicare prescription bill, a member of The Heritage Foundation said, "The president isn't showing leadership, and conservatives are angry." Former House Majority Leader Dick Armey, R-Texas, said, "The conservative, free-market base in America is rightly in revolt over this bill."

....

So if people were unhappy with Bush's spending, then why are folks only now assembling, carrying signs and holding rallies in opposition to bigger government?

Fair question. Better late than never. More importantly, things are much, much worse. Government bailouts, "stimulus," ObamaCare, etc., now push the nation's deficit to record non-World War II levels and debt to an all-time high.

Bush-bashing left-wing New York Times columnist Paul Krugman inadvertently explained why today things are different. In March 2006, he wrote about Bush's (nonexistent?) conservative critics who were "rushing to distance themselves from Mr. Bush." But he pointed out that a lot of Bush's increased domestic spending came from entitlements on automatic pilot. He accused Bush's critics of creating a "false impression" that Bush was a "big spender": "The great bulk of this increase was accounted for by increased spending on defense and homeland security, including the costs of the Iraq war, and by rising health care costs." In other words, as to increased domestic spending, Krugman argued that Bush wasn't as bad as his conservative critics claimed.
 
And from the comments:
 
Bush tax cuts passed May 2003

Deficit as % of GDP
2003 - -3.5
2004 - -3.6
2005 - -2.6
2006 - -1.9
2007 - -1.2

The deficits from 2003 to 2007:

$378 billion
$413 billion
$318 billion
$248 billion
$163 billion

Source: http://www.cbo.gov

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