Fiscal cliff

Cal Thomas | More of the same

January 2, 2013 

Everything that everyone loathes about Washington was present in the “fiscal cliff” bill just passed by Congress. It is 153 pages long; most members probably hadn’t read all of it before voting on it; it was delivered in the middle of the night; it was loaded with pork – the mother’s milk (to mix a metaphor) of politicians – and while the country is already swamped with massive debt, it contains massive giveaways to satisfy interest groups and campaign contributors. Did I mention the bill raises taxes on top of the coming Obamacare taxes, but does nothing – nothing – to address the debt problem?

As with previous congresses, this one (again) delayed the debt issue for two months and will have to face it again, along with what to do about the debt ceiling. Only expletives that can’t be printed in a family newspaper accurately characterize this bunch, so I’ll have to settle for pathetic, unprincipled and irresponsible.

This “fiscal cliff” was a construct created by Congress. The additional revenue from productive businesses and individuals earning more than $400,000 and couples making $450,000 won’t put more than the tiniest dent in the deficit and do nothing about the $16 trillion debt. According to the Congressional Budget Office, the ratio of new taxes to spending cuts is 41 to 1. This assumes the cuts actually materialize, which is unlikely. If they do, they will merely be window dressing.

We’ve seen it all before. Democrats play this game more effectively than a nimble-handed magician. According to Americans for Tax Reform, in 1982, congressional Democrats promised President Reagan “$3 in spending cuts for every $1 in tax hikes.” Reagan agreed. He got the tax hikes immediately, but had his political pocket picked when Democrats never came through with the spending cuts.

It was the same with President George H.W. “read my lips, no new taxes” Bush. In 1990, “Bush agreed to $2 in spending cuts for every $1 in tax hikes. The tax hikes went through. … Not a single penny of the promised spending cuts actually happened.”

Democrats run this play so often you would think by now Republicans might have devised a better defense. But just like the smear that Republicans are anti-woman because they oppose spending tax dollars on free contraceptives and abortion, or lack compassion for the poor because they oppose increasing federal programs that don’t actually help the poor become less so, Republicans get trapped into voting to increase taxes in exchange for more empty promises to cut spending … eventually. And the country is the one that loses.

The country should make up its mind. Do we want a government that lives within the boundaries of the Constitution – limited, financially stable and spending only on what the Constitution says it should – or, do we want a nation whose initials should be changed to ATM, dispensing goodies to any and all without regard to the financial health and welfare of this and future generations?

Passage of this bill seems to indicate the choice has been made and ATM has won. It is a sorry affair for which we, and future generations, will be sorry, indeed.

Contact Thomas, a syndicated columnist, at tmseditors@tribune.com.

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