Thursday, February 17, 2011

Deficit hawks and the games they play

Today's column by EJ Dionne is a must-read:

When conservatives blow up our fiscal position with their tax cuts, the deficit hawks are silent - or, at best, mumble a few words of mild reproach to have something on the record - and let the budget wreckage happen. Quite a few in their ranks (yes, including some Democrats) actually supported the Bush tax cuts.

But when it's the progressives' turn in power, the deficit hawks become ferocious. They denounce liberals if they do not move immediately to address the shortfall left by conservatives. Thus, conservatives get to govern as they wish. Liberals are labeled as irresponsible unless they abandon their own agenda and devote their every moment in power to cutting the deficit.

It's a game for chumps. The conservatives play it brilliantly. By winning their tax cuts and slashing government revenue, they constrain what liberals can do whenever they get back into power.