The Jim Bunning hoopla in the U.S. Senate is a perfect example of why Republicans aren’t ready to be the party of fiscal responsibility.
Republicans destroyed their ’90s reputation of fiscal responsibility during six years of hand-over-foot spending by a GOP-controlled Congress and a president who never saw a spending bill that he didn’t like.
After Democrats retook Congress in 2006, however, Republicans suddenly began to distance themselves from Bush, heaping the blame for rising deficits onto his shoulders. They redoubled their faux outrage at out-of-control spending in 2008, after Democrats strengthened their hold on Congress and won the presidency.
But let’s make no mistake: As a whole, the Republican Party isn’t interested in fiscal responsibility. The Republican Party wants to be in power. It’s as simple as that.
Republicans had their chance. The Kentucky Senator gave them their chance to show that their feigned mad-on over out-of-control spending was sincere. Here’s a guy who said, “Enough is enough. No more. Another $10 billion spending bill? Pay for it. Then we’ll do it.”
And Republicans said, “Shut up, Bunning! Get out of the way! You’re going to ruin our re-election chances.”
Not all of them—there were exceptions, like Utah’s Orrin Hatch—but many Republicans were either critical of Bunning’s one-man stand or refused to support him. Because Democrats seized on the opportunity to paint Republicans as unsympathetic to the plight of laid off workers.
And that’s what it boils down to: Republicans don’t have the spinal fortitude to stand up to fiscal irresponsibility. None of us do, really. Because all spending proponents have to do is paint it as being beneficial to struggling workers, and we say, “Okay! Let’s do it. What’s another $10 billion?”
Well, here’s a reality check: It may just be $10 billion—a drop in the bucket, really—but $10 billion here and $10 billion there quickly add up to a $1.6 trillion budget deficit.
Just look at us in Tennessee for a classic example. As a state that is fairly conservative, Tennesseans have been hollering and screaming for months about out-of-control spending in Washington. Yet, all someone had to do was write a story that work on a road in Cades Cove was being stopped because of the Bunning Blockade and the loop would be closed for the near future, and the resolve of thousands of Tennesseans dissolved in an instant. Suddenly, Bunning was viewed as an obstructionist who needed to STHU and sit down.
Fact is, every spending bill from here to eternity is going to benefit someone, somewhere. It doesn’t feel good to stop spending. If we’re to cut spending, there is obviously going to have to be some sacrifices. It doesn’t have to be to unemployment benefits; Bunning’s proposal was that stimulus funds be used to fund the bill. Couldn’t we have cut $10 billion in green technology initiatives to fund this measure? But regardless of where it comes from, you don’t cut spending without cutting something. And that’s why, to a lot of people, fiscal responsibility sounds good in theory but not in practice.
So there’s your reality: Republicans don’t care about fiscal responsibility. Democrats don’t care about fiscal responsibility. And now, apparently, neither do any of the rest of us.
That shouldn’t be a surprise, really, given that Americans invented the credit card.
But as we continue to spend $10 billion here and $10 billion there that we don’t have, there’s something else that Americans invented—or at least perfected—that we should sit up and take notice of. It’s called a foreclosure.