Auchtoon!Funny How the Federal Deficit Doesn’t Seem to Matter Anymore…
Last year, the Trump administration budget proposed eliminating the Great Lakes Restoration Initiative, a federal program to clean the lakes and protect them against invasive species. It was fairly up front about it, spinning it as the fiscally responsible thing to do. “We must make cuts, can’t just keep growing the national deficit, think of our children and grandchildren, etc.” That used to be standard dogma for Republicans and a President who sold himself as an expert on debt, assuring us he would eliminate the federal deficit in eight years.
This year, the Trump Administration is proposing not total elimination of the GLRI, just a 90% reduction. What’s the other difference between this year and last? Oh, yeah: THE FEDERAL DEFICIT NO LONGER MATTERS!
Enormous tax cuts followed by a giant leap in spending is going to balloon the deficit, and this is suddenly OK with the very same people who just an administration ago preached this as our financial Armageddon.
You gotta laugh. Except it’s not really all that funny.
