Krauthammer Has Confused Bush with Obama
Charles Krauthammer must really hate the fact that Barack Obama is getting such strong support. How else can you explain this:
Obama has an astonishingly empty paper trail. He’s going around issuing promissory notes on the future that he can’t possibly redeem. Promises to heal the world with negotiations with the likes of Iran’s Ahmadinejad. Promises to transcend the conundrums of entitlement reform that require real and painful trade-offs and that have eluded solution for a generation.
Promissory notes on the future sounds to me like the fiscal policy of George W. Bush. After all, total Federal debt has passed $9 trillion. Yes, this is partially masked by the fact that those Social Security Trust Fund reserves are being counted as offsets as Bush talks only about the unified deficit. Bush gave seniors the Prescription Drug Benefit (talk about entitlement reform) paying for that as this God awful Iraq War with tax cuts. Wait – you pay for increases in government spending with tax increases. After all, there is the real and painful trade-off known as the government budget constraint. Of course, George W. Bush denies that. And Krauthammer complains about the promises from Barack Obama? No wonder he had to publish this insanity at the National Review!