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BALLOT BOX
Bush and the People's Money
Jacob Weisberg
Posted Thursday, March 1, 2001, at 6:41 PM ET
George W. Bush has an argument that he thinks clinches the case for his $2.1 trillion tax cut, or as he calls it, his $1.6 trillion tax cut. The argument is the budget surplus is "the people's money." The federal government is taking in more than it needs. So it should give the extra cash back to the people who pay the taxes.
"This surplus is not the government's money," he said in a characteristic line yesterday in Council Bluffs, Iowa. "It's the people's money. And I believe we ought to listen to the people of America and share that money with the people who pay the bills." This is only one example of dozens of similar constructs. In his budget message to Congress, Bush said he was merely demanding a "refund" on behalf of taxpayers.
Democrats are having some trouble coming up with a snappy comeback to this bit of demagoguery. They don't want to argue with Bush too directly lest they lend credence to the Republican calumny that they think all money belongs to the government. Liberals are desperately afraid to offer an answer that smacks of the view that Bush claims they hold, which is that the surplus is really the government's money.
Opponents of the Bush tax cut might be able to respond more effectively if they focused on the grammatical sleight of hand implicit in his comments. The president invariably refers to the budget surplus in the first- or second-person plural possessive--it's "our money" or "your money." But he tends to describe the deficit and other public obligations in the third-person singular or plural. Washington--or merely "they"--will spend all our hard-earned money if "we" don't stop them.
But who is this "they" Bush keeps talking about? It's none other than you, the people, of course. Bush is fully capable of acknowledging this on other occasions, such as when he points out that the White House is "your" house, not his house. But for apparent reasons, he tends not to use the first- or the second-person formulation when he's talking about the national debt or the cost of his missile defense system. He never notes that it's the people's multitrillion dollar debt or military hardware that you need to buy yourself in coming years. If he did, you might wonder whether it made sense to take back the money you're going to need to pay for that stuff.
To argue with Bush, Democrats don't need to make a case that the surplus isn't "your" money. They need to explain that to whatever extent you think of the surplus as your money, you should also think of the government's obligations and undertakings as yours as well. If the surplus belongs to you, so does the national debt. It's that big line of revolving credit you and a couple of hundred million other people began drawing down in the 1980s. Similarly, the most pressing demands for increases in government spending, such as increases in military salaries, or the demand for prescription drugs for the elderly, or money to pay for educational testing in every year of grade schools, are the big purchases you're planning on making in the next few years. The long-term obligations of Social Security and Medicare are your long-term liabilities.
In addition to questioning Bush's numbers, Democrats might do well to extend his rhetorically effective personalization of public finance. Of course it's your money, they could say. Unfortunately, you've already spent most of it.
Jacob Weisberg is chairman and editor-in-chief of the Slate Group and author of The Bush Tragedy. Follow him at http://twitter.com/jacobwe.
Article URL: http://www.slate.com/id/1007179/
I believe it is extremely important to consider the sources of information. No one should be surprised if news reports on MSNBC have a liberal slant or if Fox News has a conservative bias. Unfortunately, far too many people only seek information that supports existing opinions and they fail to consider all sides of issues. I strongly encourage everyone to seek a broad spectrum of opinions and information sources, carefully consider them all, and then reach one’s own conclusions rather than just parroting what a favorite cable news celebrity might say.
The following information is provided to help you understand the biases that may be inherent in this blog. My primary U.S. economic policy concern is the fiscal irresponsibility of government. The Baby Boom generation, which I am part of, has spent the past 30 years accumulating massive public debt that will be passed to our children, grandchildren, and subsequent generations. I am not opposed to the reduction or elimination of any government spending program. Yet, politicians tend to call for reduced spending in general terms and fail to publicly declare specific cuts they would make. The primary cause of the massive U.S. public debt is revenue reductions (in the form of tax cuts) without similar decreases in government spending.
I am willing to consider the expansion and addition of government programs as well. I do not mind how much or little the government provides to society as long as it is paid for. I am willing to pay higher taxes for services deemed worthy, whether they be national defense, homeland security, or income assistance to those less fortunate than I. And I am certainly willing to pay less in taxes or to deposit any government check I receive. My generation, the Baby Boomers, has been very good at cutting taxes and increasing the size of government, regardless of which political party is in power. This is a prescription for financial chaos that remains a horrible legacy for future generations.