Blame Obama for Reckless Spending, but not for the FY2009 Deficit


From the diaries by Erick

In a recent post on Cato-at-Liberty, I suggested that advocates of limited government should not attack Obama for the record FY2009 deficit. My argument was based on two points. First, the real problem is government spending, so that is where we should focus on energies. Fixating on deficits can be helpful, to be sure, but it also can unwittingly aid the other side since it enables them to offer a “solution” in the form of higher taxes. My second point was that Obama is largely not responsible for the FY2009 budget, which began on October 1, 2008.

This second point has led to some spirited - and conflicting - responses, with Bruce Bartlett attacking me from the left and Mustango attacking me from the right.

Let’s deal with Mustango’s criticisms. He argues that budgets are passed by Congress, presumably implying that Nancy Pelosi, et al, should be blamed. The Speaker of the House is a complete statist, so I’m a big fan of anybody who points out her flaws, but since President Bush supported all of the wasteful spending adopted in the last year (as well as the first seven years) of his presidency, he also must bear responsibility for the results.

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The VAT: Beware


CATO has up a new video explaining the VAT. We probably all need to get educated on this.

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Empirical Evidence Against Big Government


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