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national politics & policies too much government

PayGo Piffle

Republicans are especially good at deficit spending. Give them control of the presidency and both houses of Congress, and watch the money flow! It happened under George W. Bush, and now under President Donald Trump.

But note: the Democrats have gained control of the House of Representatives. We might see some restraint on government growth, if for no better reason than “divided government,” in which the two major parties can more effectively do damage to each other’s spending.

Nancy Pelosi, again Speaker of the House, has a monkey wrench to throw into Republican spending plans, not excluding that much-​promised, little acted-​upon Trump promise, “The Wall.” 

It is called “PayGo,” or, in the Twittersphere, #PayGo.

Not something new (Democrats have used it before), the House rule aims to limit any new expenditures to equal cuts in old spending.

Effective? Well, in capping the deficit at a trillion dollars annually … until they vote for exceptions to the rule. 

And effective enough to annoy Republicans!

And now, to rile up progressives, too.

Alexandria Ocasio-​Cortez (D‑N.Y.) has made a big deal about her opposition. She has opposed Pelosi’s attempt to re-​establish the rule. 

Heedless of any danger that could result from further adding to the now-$22 trillion national debt, progressives scorn the idea of fiscal responsibility as “austerian,” claiming the whole idea was somehow disproven by “economic history,” in the Tweeted words of Rep. Ro Khanna (D‑Calif.).

The “real” beneficiaries would be the corporations, progs say, and that PayGo would work against the “progressive agenda” of increasing government programs without limit.

Typical political piffle.

This is Common Sense. I’m Paul Jacob.


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Alexandria Ocasio-Cortez, #PayGo, austerity, spending

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Accountability free trade & free markets government transparency ideological culture media and media people nannyism national politics & policies responsibility

A Diminishing Lagtime

The modern age sports an amazing feature that used to be hard to detect, because so drawn out: a shorter-​than-​ever-​before lag between the proposal of some popular inanity and its complete debunking.

It used to take seemingly forever for a bad idea to be shown up, either in argument or evidence. Now it can be a matter of days or even hours. Call it the Buncombe/​Debunking Lagtime.

Take the Flint, Michigan, water fiasco.

When the story hit the news cycle, almost immediately the progressive meme machinery began cranking out slogans imposed upon visuals — jpegs and gifs — to the effect that the poisoned water was the result of Republican “austerity” or (even) “libertarian” policy.

Somehow a Democratic mayor was less to blame than a more distant Republican governor, but in the minds of knee-​jerk partisans, common sense is not as important as an in-​your-​face accusation.

But now, days and scant weeks into the story, it turns out that the story behind the story is not merely wrong, but entirely, upside-​down wrong. The Flint water fiasco was caused by a stimulus project, and the switch from bad to worse water sources was made to promote “jobs”!

In the words of Reason’s Shikha Dalmia, “the Flint water crisis is the result of a Keynesian stimulus project gone wrong.”

Yes, another failed Big Government policy — just like progressives are always pushing.

And it didn’t take years for the truth to seep out.

Hooray for today’s accelerated history! Now, if we could only decrease the lagtime between lesson given and lesson learned.

This is Common Sense. I’m Paul Jacob.


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Flint, water, crisis, government, austerity

 

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political challengers

Euro Woes

The Dutch have just voted, and Geert Wilders’s Freedom Party took a big hit. The more centrist VVD and Labor parties increased seats, indicating that a solid Dutch majority is resolved to back both “austerity and the recent eurozone bailouts.”

Which, in its own way, is astounding, as another BBC report, on the same day, makes clear. The “fizz seems to have gone right out of the euro project, even here in Maastsricht,” writes Manuela Saragosa for the BBC, quoting one businessman insisting that “We have one Europe with totally different excise duties and taxes in each country. It doesn’t work… First work on harmonizing all that and then create a single currency. They did it the wrong way round.”

A common political problem.

But righting something done wrong is not easy.

Just ask Wilders. He was the one who started this political round, when his party gave a vote of no-​confidence to the government, necessitating a new election. During the campaign, Wilders repeatedly denounced the heavy burden of the EU bailouts on a hypothetical Dutch couple named Henk and Ingrid. The illustration “backfired when a real-​life Henk with a wife called Ingrid attacked and killed an immigrant.”

The Socialist Party also lost seats. Perhaps the party’s leader’s response to the very idea of austerity struck the Dutch as also unworthy: “Over my dead body” to spending cuts is not a very reasonable program for fending off the financial collapse of the Dutch pension and healthcare systems.

This is Common Sense. I’m Paul Jacob.