April 13, 2006

Deadbeat Congress

Bush voters in 2000 put a drunken chimp in charge of a band of congressional money addicts.

I know that sounds harsh, but I can’t think of any other way to describe the mess that our Republican-controlled government has made of this country’s finances. I’m sure that many fiscally reasonable people are shocked at the current state of affairs, and I hate to kick people when they’re down. So can we maybe get rid of these people as soon as possible?

David Broder writes “Red Ink Run Amok” in today’s WaPo about how the horrible mess has been kept under wraps as much as possible.

Cooper said the total press run [of the official Financial Report of the United States Government] was 1,000 copies, and they have become such rarities that he suggested I could probably take the one he procured for me and put it up for auction on eBay.

You might think that the subject matter is as sensitive as the National Intelligence Estimate that President Bush declassified in order to discredit Joe Wilson.

And it is. The cover letter in the report from Treasury Secretary John Snow contains the bad news. Whereas the budget deficit for fiscal 2005 was officially given as $319 billion, “the government’s accrual-based net operating cost . . . was $760 billion in 2005.” […]

David Walker, the head of the Government Accountability Office, official bookkeeper for Congress, said at a briefing last week that the $760 billion accrual deficit “amounts to $156,000 of debt for every man, woman and child in America. For a family, it’s like having a $750,000 mortgage — and no house.”

Congress has come to the conclusion that it is easier to ignore the problem than deal with it. They are afraid, like deer in the headlights, of doing anything about the stupid Bush tax cuts — tax cuts that the president intends to make permanent. But government spending is still rising. Like a college student with his first credit card at a bar that doesn’t accept cash, the Congress is getting drunk on borrowed money.

When the country put Republicans in charge of Congress, they seated a bunch of people who only knew how to kowtow to a fiscally irresponsible administration. The Democrats don’t have any political power to do anything about it, and the Republicans don’t have the testicular fortitude to do anything but run off to another two week vacation. They’re a national coalition of deadbeat dads who have mortgaged the futures of their children and thrown the bills in the fire as they make plans for spring break.

That’s not harsh, it’s just a metaphor.

Posted by James at April 13, 2006 12:20 PM
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Comments

Amen! You're going to love my first hour today! LOL

Posted by: Keri at April 13, 2006 2:41 PM

I also want to say: I hope everyone enjoyed their checks from the government back in, what was it, 2001?

People were so gleeful that Bush and the Republican congress were sending them a check. Wee-haw. Now it turns out that those checks bore a startling resemblance to those credit card cash advances where you can take cash out of your credit card, but immediatley they start charging you interest.

Basically, an idiot cash loan.

Posted by: James at April 13, 2006 3:34 PM

Except you have the option not to take a credit card cash advance, which saves you from a debt of $300 plus interest. Refusing to cash your 2001 check wouldn't have saved us from this mess at all!

Posted by: Julie at April 13, 2006 4:12 PM

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