Dick Cheney has an op-ed in today's WSJ, ostensibly rebutting Greenspan's criticism of the Bush budget record.
The entire column is a laff riot. But for me the comedy highlight was the following:
"Alan has long argued, correctly, that fiscal discipline is a long-term obligation requiring honesty and a willingness to make tough choices. Here again, we agree. And on this measure, President Bush's record is superb."
Cheney then mentions Medicare, to which Bush added an unfunded $20 trillion new entitlement, and Social Security, on which the Bush plan would have had zero net effect on the program's long-term shortfall (although it would have required a future political willingness to follow through on deferred cuts just to break even).
Quote NOT found in this op-ed: "Reagan proved that deficits don't matter. We're entitled to these tax cuts - we won the midterms."
Wednesday, September 19, 2007
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