Jim — it’s Thompson, but, well.
It seems to me the decisive question here is whether anyone is
going to significantly cut — not just slow
the growthrate of — federal size and spending. You’ll get tax increases of some kind from
the other guys, but, really, further tax cuts are a red herring. I
mean cutting taxes without touching spending might be ‘better’
insofar as it spells more money for (hopefully) me. But anyone who
thinks cutting taxes without touching spending is responsible is as wrong in kind, if not degree, as any
Democrat in favor of raising taxes and spending.
There’s a double dose of bad news here. One, the responsible
argument to hold taxes steady and cut spending is unpopular among
Republicans without the courage to buck Bush’s profligate record.
They fear delegitimizing Bush’s spending habits will delegitimize
his tax-cutting ones. Plus anyone who doesn’t promise yet more cuts
gets the bastinado, no matter if they’ll spend to the moon. Two,
the less-responsible but still relatively moderate argument that
taxes should go up and (non-military discretionary) spending down
is wildly unpopular among Democrats, for whom tax increases are not
enough.
So Republicans are very likely to lose the contest regardless,
because they have presided over what everybody wants — hugely
increased spending — while simultaneously blowing their
credibility as anything other than tax-cutters. Democrats can
easily say “more of this, but instead of Iraq, free preschool,” and
Republicans can suck wind. The point isn’t that the GOP should fold
like a house of cards here, but that it should stop wasting time
and effort trying to parse the true believers on GOPonomics from
the frauds, imposters, and halfhearted hacks. Nobody will cut spending to any respectable degree,
unless Iraq starts going so well we can slash our outlay there. I’d
like to say that means whoever vows to cut taxes most wins, but
even though that’s a delightful policy it’s also inane and
irresponsible. The best thing a conservative can do who wants to
beat spending back down to a level that can actually preserve fair,
low taxation without constant warfare is vote for the guy who’ll do
these two things best:
(1) Bring our expenditures in Iraq to a successful, speedy
conclusion;
(2) Reform our social health entitlement regimes before it’s too
late.
Now that’s a debate about candidates worth having.