Get Your Blog Up

“This administration is populated by people who’ve spent their careers bashing government. They’re not just small-government conservatives—they’re Grover Norquist, strangle-it-in-the-bathtub conservatives. It’s a cognitive disconnect for them to be able to do something well in an arena that they have so derided and reviled all these years.”

Senator Hillary Clinton

Tuesday, November 23, 2004

Discounting accounting

What's the best way to hide the cost of turning social security into social insecurity? Ignore it:
President Bush isn't likely to include costs for overhauling Social Security in the 2006 budget he presents to Congress in February, which some supporters say could hurt the White House drive to pass bipartisan legislation next year.

(snip)

Democrats opposing a Social Security overhaul and the White House's business allies have urged the White House to include costs in the new budget. Leaving it out, Democrats say, would mislead people by omitting the potential changes' effect on the budget.

Well, that would be the point, wouldn't it? Silly realist Democrats.