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Politicize
This
by
P.M. Carpenter First, there's the Columbia
Guide to Standard American English, which
defines understatement as an expression that "provides less information
than might be warranted." And then there's the Bush administration,
which declares this year's $521 billion deficit a "subject of concern."
Just more proof the Bushies are sinking to uncharted linguistic and
managerial lows.
A half-trillion-dollar hole in the budget is, of course, a mere "subject
of concern" only to the eschatologically inclined. The fallouts of
rising interest rates (possible in the next few months), ballooning
percentages of federal outlays in interest payments alone and grossly
higher taxes incumbent on our children are reasons enough to hope so-called
fiscally responsible conservatives begin acting fiscally responsible.
Yet, quite aside from the real and extensive problems inherent in
crushing national debt, this administration has added another problematic
dimension: No one can, or should, take seriously anything it says about
budgets. As with everything else, the White House's political office
has so dominated and corrupted the framing of budget forecasts, the
documents are essentially worthless as fiscal projections.
And that -- as much as crack-addled budget priorities, such as spending
more on NASA and its moonbeam-Mars mania than on poor school districts
-- is a fundamental and altogether inseparable problem planted in Mr.
Bush's forecasts. How can honest debate about budgeting take place
when White House dishonesty underlies each projection?
For starters, the president refuses to be straightforward about the
basic cause of long-term deficits. He insists they're here to stay
"because we went through a recession, we were attacked and we're fighting
a war." His budgets claim the same, disavowing the hard numbers buried
within which show more than half of this year's projected deficit is
the result of tax cuts. By fiscal year 2009, tax cuts made permanent
will account for three-fourths of the deficit -- but, again, not according
to the White House's stated opinion.
Second, in choosing to forecast only five years out and not the traditional
10, the administration fulfills its own limited prophecy of more than
halving the deficit, from $521 billion to $239 billion. What Mr. Bush
is freed from acknowledging is that 10 years hence the deficit swells
again nearly three times over, to $687 billion.
For your own sanity, forget that if general-revenue borrowing from
Social Security funds is disregarded, 2014's deficit comes in at a
cool $1 trillion. But, since more than one administration has pulled
that trick, it's hardly the story behind the fast shuffle of predicting
no more than 5 years out -- which is this: The president wants his tax
cuts made permanent, and he's structured their permanency so that more
than $900 billion of their $1.1 trillion cost to the treasury would
only begin to kick in the year after a Bush II second term.
Sort of conjures up, does it not, Joseph Welch's McCarthy-era rumination
about some gentlemen, at long last, having no decency left.
Last,
we're likely witnessing a White House scam of deliberately overestimating
this year's deficit for -- once again, what else? -- political reasons.
As the Center on Budget and Policy Priorities has noted, the administration's
estimate is remarkably higher than that made by the Congressional Budget
Office. Why inflate the numbers? Simple, if your motives are more Machiavellian
than honest. An artificially bloated deficit now makes the one 5 years
hence much easier to halve. Plus, as the Center writes, "overstating
the 2004 deficit could allow the president to announce significant
'progress' on the deficit in late October -- shortly before Election
Day -- when the Treasury Department announces the final figures for
fiscal year 2004."
Are Karl Rove and his boss really that crass? They were last fiscal
year. Halfway through it they re-bloated the deficit projection (in
contrast to outside estimates) just to proclaim a smaller-deficit victory
six months later.
Here's a timesaving tip if you're ever tempted to sort out a Bush
budget. Start by imagining every vulgar political angle possible. That
way, trifling numbers won't gum up your arithmetic.
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