Thursday, December 09, 2004

The Bush Administration – An Unsustainable Path

One thing I have learned from dealing with ideologues in general and the religious right in particular is that no amount of empirical data will dissuade these people from making a bad decision. That the Bush administration is driving the ship of state into an economic iceberg at flank speed should be obvious to anyone with solid grasp of 3rd grade arithmetic. That sustaining massive federal and balance of trade debts is ignored by partisan Republicans and religious fanatics does not bode well for the state of early elementary math skills in certain regions of our great nation.

So, knowing full well that a report from the good people at the Brookings Institute will not dissuade true believers any more than an article in the Economist or basic arithmetic, I will cast caution to the wind and present the Brookings article anyway. Here it is: The US Budget Deficit: On an Unsustainable Path

I also note that conservatives (both political and religious) have cast Brookings as a “Liberal” (their favorite pejorative) think tank. So be it. I would note however that unlike the Heritage Foundation and the CATO institute, which state that they are simply policy advocacy groups (i.e. paid to promote conservative propaganda), Brookings actually publishes much of its work in peer reviewed academic forums where their data can be verified and their theories vetted.

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