Here’s my question, which nobody ever really asks: “Given that a small number of federal expenditures — Social Security, Medicare, Medicaid, national security, and interest on the debt — typically constitute about 80 percent of all federal spending, and given that we not going to cut non-defense discretionary spending to zero, there is no mathematically plausible way to balance the budget without: 1) cutting spending on Social Security, Medicare, Medicaid, and/or national security; and/or 2) raising taxes. So, what’s it going to be: spending cuts in popular programs, higher taxes, or deficits forever? And before you give your answer, I’d like you all to know that standing behind each of you is a man with a Taser and instructions to use it on the first person whose answer relies on the Growth Fairy — lookin’ at you, Jeb — or the Waste, Fraud, and Abuse Fairy. Go.”
I have had the opportunity to put that question privately to a fairly large number of Republican grandees, including some on that debate stage, and I have never received a truly persuasive answer. If any of the 2016 gang would like to provide one, I am sure that National Review would love to see it.
We conservatives, and the Republican elected officials who are, lest we forget, our only real channel of political action, play a game of double make-believe: They’re smart enough to know what the fiscal realities are, but they’re also smart enough to know that campaigning on those realities is a loser, and we understand their dilemma and don’t expect actual policies to look very much like campaign documents, anyway, so everybody ends up pretending that the choice is between competing non-viable budget plans rather than between wishful thinking and reality. My friend Larry Kudlow sometimes wincingly describes the realist school of budget-hawkery as the “eat your spinach” faction or the “root-canal guys,” and no doubt there is real political wisdom informing that view.
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