Subject: Karl Rove, Fiscal Sociopath: Paul Begala On Bush’s Financial Legacy - The Daily Beast
From: "Eric Schwerin" <[email-masked]>
To: "Hunter Biden" <[email-masked]>
Date: Fri, 2 Jul 2010 22:49:51 -0400

Karl Rove, Fiscal Sociopath: Paul Begala On Bush’s Financial Legacy - The
Daily Beast

George W. Bush & Karl Rove (Mandel Ngan, AFP /
Getty Images)*The man they called Bush’s Brain blasted Obama for putting the
country on the road to fiscal hell. Clinton strategist Paul Begala on the
outrageous claim by the real villain.*

Stop, Karl, you're killin' me.

I mean it. This stuff is hilarious. Your latest column in The *Wall Street
Journal*<http://online.wsj.com/article/SB10001424052748703426004575338832391393128.html>
is
a masterpiece of postmodern satire. You make Swift look slow. You make Twain
look plain. You make Colbert and Stewart look like Huntley and Brinkley.

In case you missed it, The Architect's latest missive excoriates the fiscal
irresponsibility of the Bush era through the satirical device of pretending
to call Barack Obama fiscally reckless. He quotes a 16-month-old speech by a
European leader (Get it? Rove citing a Eurocrat with approval. Oh, it is
savagely self-hating.) saying Obama is on the road to "fiscal hell." In a
sentence whose every syllable is pregnant with irony—mordant, burlesque,
self-flagellation—Rove writes: "Deficit spending did not begin when Mr.
Obama took office."

No shit, Sherlock.

Karl Rove lecturing Barack Obama about fiscal responsibility is like Lizzy
Borden campaigning against elder abuse.

It must be satire. Even Mr. Rove is not so intellectually dishonest, so
brazenly hypocritical as to accuse anyone else of fiscal imprudence. Do I
really need to repeat the indictment? Oh, OK:

When President Clinton took office, the federal budget deficit was $290
billion—the largest deficit in American history. In January 1993, the
Congressional Budget Office projected that the deficit would grow to $513
billion by 2001. Instead, President Clinton and Democratic economic policies
balanced the budget. Clinton and his Democratic allies—(not one Republican
voted for the Clinton economic plan in 1993)—turned the projected $513
billion deficit into a $281 billion
surplus<http://www.politicsdaily.com/2009/08/25/the-skyrocketing-deficit-how-scared-should-we-be/>.
We lifted 7 million people—including 4 million children—out of poverty and
up into the middle class, producing the lowest poverty rate in a
quarter-century. We created 22.5 million private-sector jobs, lifted the
wages of working people and left Social Security with a projected $2.49
trillion surplus.

Democratic economic policies under Clinton reduced the federal civilian
payroll by 377,000 employees—the lowest level since the Kennedy
administration. Under Clinton, federal spending as a percentage of GDP
dropped from 22.2 percent to just 18.5 percent—the lowest level since 1966.

Had we simply continued Clintonomics, we would have paid off the national
debt. Not the annual deficit—we'd already eliminated that—but the entire
national debt, in 2009. For the first time since Andrew Jackson (a Democrat,
too, by the way) was president, in 1833.

But now President Obama struggles mightily with staggering deficits—at a
time when our economy is teetering on the brink of a double-dip
recession<http://www.washingtonpost.com/wp-dyn/content/article/2010/06/28/AR2010062805101.html>.
Something must have happened. Hmm... What could it have been? What fiscal
disaster intervened between Presidents Clinton and Obama?

Oh, right. I remember: The worst presidency of my lifetime. Or my father's
lifetime. Or my late grandfather's lifetime (and he fought in World War I).
Bush and Rove inherited the largest surplus in history. And they squandered
it. Which surprised even me. I thought if Bush would be good at anything it
would be inheriting things.

It takes something special for the Architect of the Bush presidency, which
caused the greatest fiscal reversal in American history, to accuse anyone
else of profligacy. In Texas, we call it chutzpah. Others might say rank
hypocrisy. But it's more than that. Mr. Rove, like so many Republicans, is a
fiscal sociopath. Either that or the greatest parody artist of our time.

So let's reach into our bag of metaphors in what I fear will be a vain
attempt to put Karl's column into context. Karl Rove lecturing Barack Obama
about fiscal responsibility is like what? I'll start the ball rolling, dear
reader, but you have to do your part. Log onto the Comments section below
and share your metaphor with the group.

Karl Rove lecturing Barack Obama about fiscal responsibility is like...

Like an arsonist complaining that the fire department is wasting water.

Like Lizzy Borden campaigning against elder abuse.

Like Tiger Woods lecturing about abstinence.

Like Sarah Palin calling Elie Wiesel shallow.

Like Lady Gaga saying you're over the top.

Like Tony Hayward saying you're not managing your image well.

Your turn.

*Paul Begala is a CNN political contributor and a research professor at
Georgetown University's Public Policy Institute. He was a senior strategist
for the 1992 Clinton-Gore campaign and served as counselor to President
Clinton in the White House.*

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-- 
Eric D. Schwerin
Rosemont Seneca Partners
(202) 333-1880
[email-masked]