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Source link: http://archive.mises.org/3115/bush-the-budget-cutter/

Bush the budget-cutter?

February 7, 2005 by

What’s next, Usama bin Laden the beer guzzling pork eater? -:)

After having increased domestic discretionary spending faster than any president since Nixon and LBJ, Bush now puts forward a budget which would increase it slower than the rate of inflation, which is to say reduce it in real terms. After having previously actively pushed for sharp increases in farm subsidies, he now proposes that they should be reduced. Military spending will continue to rise, but slower than before.

Has Bush suddenly become a changed man? Or is he bluffing? It remains to be seen, but given his past record, we should probably remain skeptical until he actually pushes these cuts through Congress where they will likely face fierce opposition and for the first time vetoes a spending bill.

{ 4 comments }

Daniel Franke February 7, 2005 at 4:46 pm

The key word is "discretionary". Chances are he’ll just make up for it by signing more specifically-appropriated boondoggles like the farm the bill.

roger olson February 7, 2005 at 6:21 pm

helpppp tell me how do i wake up from this nitemare. Hmm maybe i will move down to texas and so at least to escape paying an income tax here in the state of Ky.

Won't Get Fooled Again February 8, 2005 at 1:11 am

This smells of buck-passing. After Congress gets through with this “budget”, it will be status quo, rising approx. 5% in real terms. Bush will be quasi-innoculated on the free-spender charge, since his “budget” was technically better than what came out of Congress. He’ll just claim it was those irresponsible Congresscritters who ran up the spending.

Brad Dexter February 8, 2005 at 8:24 am

Considering his Budget request still was 2.57 trillion, I don’t get a warm fuzzy. It’s depressing that some see Bush’s approach as getting back to some sort of fiscal sanity, and there are others howling at the cold, indifferent State under Bush.

All sense of proportion is lost and I doubt it will ever be regained before it is too late.

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