Voodoo economics doesn't die, it gets picked up by new candidates
It’s not exactly a shocking revelation that John McCain’s budget numbers don’t add up. Presidential candidates’ numbers are often rather pie-in-the-sky, and political observers have been conditioned to give campaigns at least a little leeway and wiggle room.
But from time to time, it’s worth keeping in mind that McCain’s budget promises aren’t just wrong, they’re spectacularly ridiculous.
McCain recently told NPR, for example, “I can eliminate $100 billion of wasteful and earmark spending immediately — $35 billion in big spending bills in the last two years, and another $65 billion that has already been made a permanent part of the budget.” He told George Stephanopoulos almost the exact same thing: “You do away with those, there’s $100 billion right before you look at any agency.”
This magical savings, McCain has said, allows him to make promises about eliminating the deficit altogether in four years, and making Bush’s tax cuts permanent, and passing new tax cuts of his own, and keeping U.S. troops in Iraq indefinitely.
The WaPo’s Michael Dobbs took a closer look at McCain’s inability to do arithmetic.


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