The House Republicans are getting a lot of grief for their
unsuccessful
attempt to freeze domestic discretionary spending at last year's
levels. "Irresponsible," "insane," and "Don't they know there's a
recesssion going on?" are some of the responses. But all such a
spending freeze would do -- we're not talking about the entire
federal budget here -- is replace the Democrats' $410 billion
omnibus spending bill with last year's appropriations at a
savings of not even $20 billion.
A $17 billion reduction in the context of a $3.55 trillion budget
isn't insane or irresponsible. If anything, it is far too small
to make much of a difference in Washington's $1 trillion-a-month
club. Like a lot of what the Republicans do, it is neither as
outlandish as the Democrats make it sound nor something likely to
produce great benefits for the economy or the GOP's political
fortunes.
UPDATE: Apparently I'm not making myself clear. As a fiscal and
political response, the spending freeze falls well short of what
the Republicans need to do. All I am saying is the argument that
this would be some kind of radical defunding of the federal
government in the midst of a recession is false.
Winning such a victory might not in itself be a major
contribution to economic and political health, but it would be
very welcome indeed as a demonstration that a responsible
coalition exists to defeat some of the extravagant nonsense
proposed by the Democratic left.
Bob| 3.10.09 @ 12:59PM
So let me get this straight, Antle. There is nothing that has
changed over this last year that would require a reallocation of
resources? Do you think it is better in the midst of a large
recession to not spend?
This is nothing but dump political theater. If Republicans were
serious about spending restraint, they would present an
ALTERNATIVE budget taking into account everything that has
changed over this past year. This is akin to McCain saying he
would not debate and instead go to Washington to fix the problem.
It is nothing more than a stunt and Republicans are worse off for
it.
Why can't intellect and reason come back to a party that should
stand for fiscal conservatism? It is simply because the party is
dumber than it has ever been being run by people who use belief
over reason.
All I said was that the sum of money was too trivial to do much
harm or good. I didn't say it was an effective political or
fiscal response. But other non-government entities have to make
these kinds of spending choices, even as life changes in the
course of a year, all the time.
As for whether it is better to spend than not to spend during a
recession, I incline toward the Austrian view rather than the
Keynesian view. But the $17 billion difference between a spending
freeze and the Democrats' omnibus spending bill isn't some
massive countercyclical jolt in any event.
Bob| 3.10.09 @ 5:08PM
Antle, I don't disagree with your last statement. However, if it
wasn't an effective political or fiscal response and the
difference is relatively small, why is the freeze a good idea?
I just can't believe Republicans continue to generate this type
of pubescent response. Even though you and I may differ on a
number of issues, we could certainly develop a much better
fiscally conservative response from both a political and fiscal
viewpoint. Right?
Xavier| 3.10.09 @ 12:28PM
Winning such a victory might not in itself be a major contribution to economic and political health, but it would be very welcome indeed as a demonstration that a responsible coalition exists to defeat some of the extravagant nonsense proposed by the Democratic left.
Bob| 3.10.09 @ 12:59PM
So let me get this straight, Antle. There is nothing that has changed over this last year that would require a reallocation of resources? Do you think it is better in the midst of a large recession to not spend?
This is nothing but dump political theater. If Republicans were serious about spending restraint, they would present an ALTERNATIVE budget taking into account everything that has changed over this past year. This is akin to McCain saying he would not debate and instead go to Washington to fix the problem. It is nothing more than a stunt and Republicans are worse off for it.
Why can't intellect and reason come back to a party that should stand for fiscal conservatism? It is simply because the party is dumber than it has ever been being run by people who use belief over reason.
Angel| 3.10.09 @ 1:14PM
You've gotta start somewhere.
W. James Antle III| 3.10.09 @ 2:45PM
All I said was that the sum of money was too trivial to do much harm or good. I didn't say it was an effective political or fiscal response. But other non-government entities have to make these kinds of spending choices, even as life changes in the course of a year, all the time.
As for whether it is better to spend than not to spend during a recession, I incline toward the Austrian view rather than the Keynesian view. But the $17 billion difference between a spending freeze and the Democrats' omnibus spending bill isn't some massive countercyclical jolt in any event.
Bob| 3.10.09 @ 5:08PM
Antle, I don't disagree with your last statement. However, if it wasn't an effective political or fiscal response and the difference is relatively small, why is the freeze a good idea?
I just can't believe Republicans continue to generate this type of pubescent response. Even though you and I may differ on a number of issues, we could certainly develop a much better fiscally conservative response from both a political and fiscal viewpoint. Right?
W. James Antle III| 3.10.09 @ 5:27PM
"[W]e could certainly develop a much better fiscally conservative response from both a political and fiscal viewpoint. Right?"
One would certainly think so!