Budget Needs Serious Attention

July 28, 2016 at 4:25 p.m.

By GARY GERARD, Times-Union Managing Editor-

It's not at all surprising to me that W's approval rating is scraping the bottom of the polling spectrum.

A few weeks back I noted that if people like becoming disillusioned with him, he's in some serious political trouble.

Each passing week seems to cement that a little more.

In most cases with W, it's not so much the policy, but the implementation that's left lacking.

Take Iraq.

Who could argue that a free and democratic Iraq is a bad thing for the world? No, it would be a good thing.

It could be a stabilizing influence in the Middle East. So I don't disagree with the policy.

But the implementation? Seems like we weren't all that well prepared.

We didn't see that insurgency thing coming at all. W was on a ship with a banner touting "Mission Accomplished."

I think in hindsight he'd like to have foregone that photo op.

But that's just it. We should have seen it coming. We should have known.

But that's not the only reason he's losing support and falling in the polls.

Take debt.

The national debt is $7.9 trillion. Now, that's a lot of money.

How much? Well, think of it this way.

Let's say you ran up $7.9 trillion in credit card debt.

And let's say your salary is $1 million per hour. That's a lot of money.

And let's say you work 40 hours per week and you get two weeks off for vacation each year.

Now, let's assume you put every dime you make against your credit card debt. (You're able to live off your spouse's salary.)

At your lofty $1 million per hour salary, you'd have to work 3,950 years to pay off your credit card.

That's serious money.

And the bad part is, we owe interest on the debt. The government is spending roughly $350 billion a year in interest payments.

NASA gets $15 billion; education, $61 billion; transportation at $56 billion.

All this because since about 1969, the government has spent more than it took in - every year.

Comes now W, the alleged conservative. Again, I've got no problem with the policy.

He cut taxes. The economy improved. As the economy improved, more people were employed. As more people were employed, more tax revenue was generated.

The policy worked brilliantly.

The problem, however, comes with implementation - well, at least partial implementation.

W got the tax cut part right. It's the rest of the equation that is woefully inadequate.

That's the spending part.

Far from being a fiscal conservative, W and the GOP majority are spending money like crazy.

If W's not proposing expensive new programs - prescription drug benefit, No Child Left Behind, Homeland Security - he's approving bloated bills.

He hasn't vetoed anything.

One would think our lawmakers would be fully in tune to this.

One would be wrong.

You've probably heard about the bridge in Alaska and all the other pork in the recent highway bill.

Republican U.S. Rep. Don Young happens to be the chairman of the transportation committee.

His committee belched forth an enormous $285 billion highway bill.

In it was $231 million for a bridge in Young's Alaska district.

The bridge will be as long as the Golden Gate Bridge.

Dubbed the Bridge to Nowhere, it will connect the island airport of Ketchikan to the mainland. Now, it takes a 7-minute ferry ride to get to the airport.

A couple hundred people per day will use the bridge. Young actually bragged that the bill was "stuffed like a turkey" with special projects for his district. He's actually going to name the bridge after his wife.

The Heritage Foundation - a truly conservative think tank - estimates this bill alone contains $25 billion in pork projects.

It may be politics as usual, but it really stinks.

Congressmen truly have no shame. They know W won't veto anything they send his way, allowing them to raid the treasury at will, no matter how immoral or corrupt their actions are.

And I am sure Congressman Young will be re-elected.

And amid all this, we have a couple hurricanes.

And W, fearing that he may be perceived as insensitive, has untied the purse strings.

He is promising some serious spending. From the Urban Homesteading Act to the Gulf Opportunity Zone, he's gonna spend, spend, spend.

Billions of dollars in government incentives and tax breaks to go along with unprecedented levels of disaster relief spending.

And we don't have a dime of it. All the debt will be passed on to our children and grandchildren.

It's crazy.

Is this government led by conservatives?

Who are they trying to kid? [[In-content Ad]]

It's not at all surprising to me that W's approval rating is scraping the bottom of the polling spectrum.

A few weeks back I noted that if people like becoming disillusioned with him, he's in some serious political trouble.

Each passing week seems to cement that a little more.

In most cases with W, it's not so much the policy, but the implementation that's left lacking.

Take Iraq.

Who could argue that a free and democratic Iraq is a bad thing for the world? No, it would be a good thing.

It could be a stabilizing influence in the Middle East. So I don't disagree with the policy.

But the implementation? Seems like we weren't all that well prepared.

We didn't see that insurgency thing coming at all. W was on a ship with a banner touting "Mission Accomplished."

I think in hindsight he'd like to have foregone that photo op.

But that's just it. We should have seen it coming. We should have known.

But that's not the only reason he's losing support and falling in the polls.

Take debt.

The national debt is $7.9 trillion. Now, that's a lot of money.

How much? Well, think of it this way.

Let's say you ran up $7.9 trillion in credit card debt.

And let's say your salary is $1 million per hour. That's a lot of money.

And let's say you work 40 hours per week and you get two weeks off for vacation each year.

Now, let's assume you put every dime you make against your credit card debt. (You're able to live off your spouse's salary.)

At your lofty $1 million per hour salary, you'd have to work 3,950 years to pay off your credit card.

That's serious money.

And the bad part is, we owe interest on the debt. The government is spending roughly $350 billion a year in interest payments.

NASA gets $15 billion; education, $61 billion; transportation at $56 billion.

All this because since about 1969, the government has spent more than it took in - every year.

Comes now W, the alleged conservative. Again, I've got no problem with the policy.

He cut taxes. The economy improved. As the economy improved, more people were employed. As more people were employed, more tax revenue was generated.

The policy worked brilliantly.

The problem, however, comes with implementation - well, at least partial implementation.

W got the tax cut part right. It's the rest of the equation that is woefully inadequate.

That's the spending part.

Far from being a fiscal conservative, W and the GOP majority are spending money like crazy.

If W's not proposing expensive new programs - prescription drug benefit, No Child Left Behind, Homeland Security - he's approving bloated bills.

He hasn't vetoed anything.

One would think our lawmakers would be fully in tune to this.

One would be wrong.

You've probably heard about the bridge in Alaska and all the other pork in the recent highway bill.

Republican U.S. Rep. Don Young happens to be the chairman of the transportation committee.

His committee belched forth an enormous $285 billion highway bill.

In it was $231 million for a bridge in Young's Alaska district.

The bridge will be as long as the Golden Gate Bridge.

Dubbed the Bridge to Nowhere, it will connect the island airport of Ketchikan to the mainland. Now, it takes a 7-minute ferry ride to get to the airport.

A couple hundred people per day will use the bridge. Young actually bragged that the bill was "stuffed like a turkey" with special projects for his district. He's actually going to name the bridge after his wife.

The Heritage Foundation - a truly conservative think tank - estimates this bill alone contains $25 billion in pork projects.

It may be politics as usual, but it really stinks.

Congressmen truly have no shame. They know W won't veto anything they send his way, allowing them to raid the treasury at will, no matter how immoral or corrupt their actions are.

And I am sure Congressman Young will be re-elected.

And amid all this, we have a couple hurricanes.

And W, fearing that he may be perceived as insensitive, has untied the purse strings.

He is promising some serious spending. From the Urban Homesteading Act to the Gulf Opportunity Zone, he's gonna spend, spend, spend.

Billions of dollars in government incentives and tax breaks to go along with unprecedented levels of disaster relief spending.

And we don't have a dime of it. All the debt will be passed on to our children and grandchildren.

It's crazy.

Is this government led by conservatives?

Who are they trying to kid? [[In-content Ad]]

Have a news tip? Email [email protected] or Call/Text 360-922-3092

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