Monday, April 24, 2006

Hyman Hoots

The Counterpoint: The Ship of State Sinking in a Sea of Red Ink:

"This time around, Hyman laments the lack of fiscal constraint among Congressional Republicans and the White House. He claims Bush hasn’t “met a spending bill he didn’t like,” and points out that Congress allocated $27 billion in “pork” projects last year.

Hyman is right in a sense, but wrong on the big picture. Yes, spending has swelled under Bush and the Republican-dominated Congress, with record deficits and a titanic national debt as a result. But this isn’t the result of mere pork barrel spending; it’s the result of the basic priorities of Bush and his fellow Republicans.

As large as it sounds, $27 billion is barely the tip of the iceberg when it comes to federal spending and debt. To put it in perspective, it’s only slightly more than the amount of money estimated to have been lost annually in lowered tourism revenue from Arab travelers dissuaded from coming to our shores since 9/11. If you sliced out every one of the programs Hyman labels “pork,” the nation’s fiscal situation would be exactly the same. Whining about pork barrel spending is simply rearranging deck chairs on the Titanic.

If Hyman truly wanted to take on his fellow Republicans, he’d go after the fact that Bush’s regressive taxes . . ."

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