The President used his weekly address to deal with federal government deficits, and some steps he now advocates to help deal with this burgeoning problem. The President highlighted a spending freeze, as well as calling for a bipartisan “deficit commission”. The “deficit” issue has hurt him politically, and he is now going to turn some “political” attention to it. Before the hail of criticism comes down lets say candidly that the President will not make any real dent in the problem with these changes. But a candid assessment would also acknowledge that the Republicans have dismissed the deficit as an issue going back to Reagan’s tenure. Tax cuts have always been the holy grail for Republicans, even at the expense of fiscal reality. Democratic opposition to deficit reduction is there and also is fairly subject to charges of fiscal irresponsibility. The refusal of both Parties to support a “deficit commission” with real bite shows that neither is truly serious about the issue. Both sides are making a big mistake. And in my view the public positioning by Scott Brown, that he is truly independent, is on its face truly attractive to the electorate. The public is sick of this type of nonsense and hypocrisy by both sides. Is our system designed to only produce results when catastrophe sets in? It sure looks like that today.
Saturday, January 30, 2010