Sunday, February 15, 2009, 5:29pm
At his press conference on Monday, President Barack Obama had to remind Mara Liasson of Fox News and NPR that it was the Republicans who doubled the national debt over the past eight years and it's a little strange to be hearing lectures from them now about how to be fiscally responsible. That interchange was my favorite part of the press conference. A savvy inside-the-Beltway reporter of Ms. Liasson's caliber shouldn't have to be reminded that George W. Bush and the Republican Congress were among the most fiscally reckless politicians in U.S. history.
The most inexcusable action the Republican Congress and the Bush administration took vis-à-vis the federal budget was to launch two wars and two open-ended occupations without raising one dime in revenues to pay for them. Never in the history of this country has an administration and Congress cut taxes while launching open-ended wars.
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The posturing of the Washington Republicans since Obama was elected proves correct the French philosopher Jean Baudrillard when he outlined his understanding of "simulacrum" in advanced capitalist societies where ideologies and images are copies of copies without originals. It's the kind of Reaganism mass produced on T-shirts and coffee mugs, not the real record of Reagan's actions when he was president like his "cutting and running" in Lebanon, or his raising taxes 13 times to ward off an even worse fiscal crisis, or his negotiating in an atmosphere of detente with the Soviet Union he once called an "evil empire." The Republicans today are conforming to an ideology based on a myth that other Republicans created in 1997, a copy of a copy without an original.
Bush and the Republican Congress didn't think twice before throwing the entire $850 billion price tag for the Iraq and Afghanistan wars right onto the national debt. Not only did they refuse to pass new "revenue enhancements" to pay for the wars, but they also fought tooth and nail to block any legislation that would raise revenues.