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Posts Tagged ‘Nick Gillespie’
December 16th, 2010 at 10:15 pm
Re: Trimming the Fat in the Federal Budget
Posted by Print

On Tuesday, we told you about the potent case for cutting federal spending being made by Nick Gillespie and Veronique De Rugy over at Reason. Because, as the new omnibus spending bill makes clear, Democrats are congenitally incapable of entertaining the idea of reigning in expenditures, the plan has become the target of criticism for The New Republic’s Jonathan Chait. His response is worth reading, as is Gillespie’s comprehensive rejoinder, but one of his central arguments stands out for its unseriousness:

Another way of putting this [the budget situation] is that, to maintain the current level of services in the federal budget, we would need to spend $5.5 trillion. Gillespie and de Rugy would propose instead to spend $4.2 trillion in 2020. That’s their prerogative. I’m sure they could find at least $1.3 trillion in spending that they don’t like. But the point is that you would have to eliminate a lot of functions of the federal government, and/or reduce a lot of social benefits.

The definition of modern liberalism may be to believe that it would be a hardship for the federal government to get by on over $4 trillion a year. And if budget cuts are a non-starter under this rationale, it’s hard to see when they would be palatable to liberals (how much do you want to bet that national defense is the exception?)

Are we to believe that Mr. Chait is convinced that such bracing austerity would rip the national safety net asunder? And that every activity currently undertaken by the federal government is too sacrosanct to be pruned? There’s a mathematical equation for such worship of the state … and its product is Nancy Pelosi’s approval rating.