-Caveat Lector-

Dave Zweifel: Evaporating surplus shows Bush lied

By Dave Zweifel July 16, 2001

I hate to be an "I-told-you so." In fact, I wish I had been wrong.

But the news is already starting to dribble in ... our federal government's big
surplus is rapidly going away.

It's going away because George W. Bush lied to us so he could get that huge
tax cut for his big campaign contributors through Congress before anyone
woke up to see the truth.

Oh, there were warnings from some quarters. And the polls even showed that
the American people didn't want the tax cut. Most of it was going to the big
shots anyhow.

But the administration insisted there was enough money for a $1.3 trillion tax
cut and there would still be enough left over for things that needed fixing - like
Social Security and Medicare - and even some left to help pay down the $4
trillion debt that we still owe.

As I said here, that was poppycock. All one had to do was look at Wisconsin.
Two years ago our brilliant legislators decided to give us $700 million back in
the form of $200 to $300 checks. Now we haven't enough money to help poor
senior citizens with their prescriptions drugs or to reduce the long lines of
people waiting for help so they don't have to go to nursing homes.

Economist Paul Krugman, writing in the New York Times last week, accused
the Bush administration of lying about the surplus. Isn't it strange, he asked,
that the bad news about the country's revenue came to light only after the tax
cut had safely passed Congress?

"Forget about those budget surpluses as far as the eye can see; from now on
the prospect is for chronic budget shortfalls," he said.

Suddenly, there isn't money to help shore up Social Security so it's in shape
to handle the baby boomers as they come through the system during the next
few years. There's no money to add prescription drug coverage to Medicare.

"The truth is that moderates who voted for that tax cut were snookered,"
Krugman added.

But isn't that really what the George W. Bush Republicans wanted all along?
All this business about fixing Social Security and Medicare was bunk in the
first place. What better way to get rid of - or, at least, drastically change - two
programs that GOP stalwarts have hated since the days of Franklin D.
Roosevelt than let them flounder in financial uncertainty.

The Republican Party made a big deal last election about "integrity" in the
White House.

Frankly, I'd much rather have a president who lies to me about sex with an
intern than one who lies about issues that affect the future of the country and
the well-being of its people.

Published: 6:43 AM 7/16/01


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