Washington Could Learn a Lot from a Drug Addict
The problem with Washington is they are addicted to overspending our money and the problem is not that the government needs more money to waste. They survived on less than 4% of GDP the first 150 years that our nation existed (except in wartimes), but this year they are spending 24.7% of GDP. Why does our federal government need more than 15% of GDP? I wish someone would tell me.
Below you will see that liberals like Brummett actually like the idea of raising taxes and have given Crawford some praise for bringing up the idea. However, Dan Mitchell is right about Crawford’s idea and it is stupid to expect a drunk to stop drinking if you buy him more liquor.
Rick Crawford last week became the first known Republican member of the U.S. House of Representatives in the 21st Century to acknowledge that budget deficits must be attacked both by decreasing outgo and increasing income…
The paper (NY Times) thought it significant that Crawford, a first term freshman Republican from the 1st District of eastern and north-central Arkansas, had broken with all his Republican colleagues. He also had broken with the famous no-tax pledge forced on modern-day Republicans by the smugly destructive Grover Norquist.
Crawford had dared to call for a 5 percent income surtax on millionaires…
It’s not a bad chess move, actually.
His scheme is to tie this 5 percent income tax surtax on millionaires to a balanced-budget amendment to the U.S. Constitution. That is to say he would impose his surtax only if Congress voted to refer a balanced-budget amendment to the states.
Democrats will never go for a balanced-budget amendment, and shouldn’t.
It’s a cosmetic Republican trick. It refers an amendment to the lengthy process of ratification by the states while Congress gets to continue its self-serving negligence and irresponsibility as usual, evading the tough choices of actual and meaningful cuts…
So Crawford could have a ready fallback position. He could offer the income surtax only in exchange for actual commensurate reductions in federal government spending. His income tax could expire in the event the cuts were not verifiably achieved in a specified period of time.
That would be real budgeting, real compromise, real substance, real logic and real bipartisanship. It also would be real money and real math.
Actually, it’s our only way out of this looming financial calamity. We desperately need a few statesmen in Washington to stand up and say so.
Although Brummett praises Crawford, I think Crawford’s fate may be ruin if he does not abandon his current path. Michael Cook noted that President Bush was defeated in 1992 because he went back on his word concerning taxes and he predicts Crawford may lose because of this too.
Dan Mitchell has a great article on Crawford.
Congratulations to Congressman Rick Crawford, Winner of the First Charlie Brown Award for Vapidness and Gullibility
March 15, 2012 by Dan Mitchell
I’ve remarked before that Democrats are the evil party and Republicans are the stupid party. Well, if anyone needs additional proof about GOPers being clueless and tone deaf, exhibit A is Congressman Rick Crawford of Arkansas, who has decided to preemptively capitulate in favor of higher tax rates.
Here are the relevant details from a Politico story.
Freshman Republican Rep. Rick Crawford will propose a surtax on millionaires Thursday morning, a crack in the steadfast GOP opposition to extracting more money from the nation’s top earners. The Arkansas Republican will unveil the plan during a local television interview Thursday morning, and plans to introduce legislation when the House returns next week, according to sources familiar with his thinking. Crawford will propose the additional tax— expected to be north of 2.5 percent — on individual income over $1 million as part of a broader fiscal responsibility package.
I have no idea if Congressman Crawford is simply naive, unaware that tax-increase deals inevitably lead to higher spending and more red ink. Or perhaps he’s trying to become the kind of Republican who thinks he can advance his career by saying things that will earn him pats on the head from the establishment media.
But I do know that America’s fiscal problem is a government that is far too big. You don’t solve the problem with more taxes, just as you don’t cure alcoholics by giving them more to drink.
Congressman Crawford, though, wants to give away the keys to a liquor store without even asking for an insincere commitment for future sobriety in exchange. Indeed, the Congressman’s naiveté is so impressive that he is the first winner of the Charlie Brown Award for Vapidness and Gullibility.
There’s a rumor that he is sending former President George H.W. “read my lips” Bush to collect his award, but I’m unable to confirm at this point.
This new award is part of a series, with the “Bob Dole Award” having been announced earlier this year.