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Politics : Formerly About Advanced Micro Devices
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To: i-node who wrote (177752)11/7/2003 9:59:30 AM
From: Road Walker  Read Replies (2) of 1576226
 
DR,

re: I agree with all of this, EXCEPT that it is "Bush's" lack of spending dicipline. Presidents don't spend. Congress does. True, presidents can veto legislation, and in unusual circumstances it can be done. But in reality, if Congress wants to spend money it is very difficult, from a practical perspecive, for the president to stop it.

From your friends at the Cato Institute:

"Of course, the argument can be made that it is unfair to lay excessive blame on Bush for over-spending given that Congress controls the purse strings. A recent study shows that three out of the top five all-time federal spending sprees occurred in the last five years under Republican-controlled Congresses (the other two occurred during World War II). Thus, President Bush appears to have inherited a Congress with established spendthrift credentials.

However, that excuse is diminished by the fact that Bush has not vetoed a single spending bill during his three years in office. Instead, he has agreed to sign every piece of legislation crossing his desk, including a bloated farm bill and an intrusive education bill. In contrast, President Reagan vetoed 22 spending bills during his first three years in office."

cato.org
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