February 3, 2010
It’s not often that I quote the liberal Center for American Progress, but they’ve come up with a term for the Washington liberals posing as budget cutters that is perfect: Deficit peacocks.
As opposed to deficit hawks who are the real fiscal conservatives, deficit peacocks strut around pretending to cut spending through gimmicks like spending freezes that are “freezes” only in the sense that they “freeze” into place previous frenzied spending binges (check out this clever video to see the “freeze” in action).
By pretending to be budget cutters, deficit peacocks engage in an old liberal trick. They promise future spending cuts while approving massive current spending. Then, later, they demand tax increases to pay for all that spending.
Today, deficit peacocks are strutting all over Washington. House Speaker Nancy Pelosi (D-Calif.), Senate Majority Leader Harry Reid (D-Nev.) and President Obama could all cut spending if they wanted to, they just don’t want to.
They’d rather pretend and try to fool the American people. They say, “Wait for the spending cuts.”
I say, “Watch your wallet America.” Continue reading