By now it’s a Republican Party tradition: Every year the party produces a budget that allegedly slashes deficits, but which turns out to contain a trillion-dollar “magic asterisk” — a line that promises huge spending cuts and/or revenue increases, but without explaining where the money is supposed to come from.
But the just-released budgets from the House and Senate majorities break new ground. Each contains not one but two trillion-dollar magic asterisks: one on spending, one on revenue. And that’s actually an understatement. If either budget were to become law, it would leave the federal government several trillion dollars deeper in debt than claimed, and that’s just in the first decade.
Krugman details the spending cuts that are specified–“savage” cuts in food stamps, Medicare and other programs upon which millions of Americans have come to rely. And of course, repeal of the hated “Obamacare.” Read through his column, and you have a picture of the priorities of people who have lost touch not just with reality, but with decency.
And that brings Krugman to his most important point, and one we should all ponder–especially those of us who called the GOP home before the party became a collection of radicalized, resentful inhabitants of an alternate reality.
It’s very important to realize that this isn’t normal political behavior. The George W. Bush administration was no slouch when it came to deceptive presentation of tax plans, but it was never this blatant. And the Obama administration has been remarkably scrupulous in its fiscal pronouncements.
O.K., I can already hear the snickering, but it’s the simple truth. Remember all the ridicule heaped on the spending projections in the Affordable Care Act? Actual spending is coming in well below expectations, and the Congressional Budget Office has marked its forecast for the next decade down by 20 percent. Remember the jeering when President Obama declared that he would cut the deficit in half by the end of his first term? Well, a sluggish economy delayed things, but only by a year. The deficit in calendar 2013 was less than half its 2009 level, and it has continued to fall.
Krugman can be fact-checked; his numbers are accurate. But as a scroll through Facebook or the comments section of your favorite news source will confirm, facts don’t matter. Evidence doesn’t matter.
Crazy rules. And it’s terrifying, because you can’t talk to crazy.