Matthew Yglesias reports on the latest act in the clown show that is Bush administration fiscal policymaking:
Posted by DeLong at January 22, 2004 01:53 PM | TrackBack | | Other weblogs commenting on this postTAPPED: January 2004 Archives: WAIT 'TILL NEXT YEAR. Reuters reports that we're seeing some more cost overruns in Iraq:
President Bush may seek an additional $40 billion or more for military operations in Iraq and Afghanistan next year -- on top of the $400 billion military budget he will send to Congress next month, congressional sources and budget analysts said on Wednesday.
The American people aren't going to be happy to hear about that. But wait -- there's a plan:
But Bush is unlikely to send the request to Congress until after the November presidential election, minimizing any political damage, the sources said.
Needless to say, this basic M.O. of implementing policies whose deleterious consequences won't come until after the voting is done also typifies the administration's approach to such things as the budget, Medicare, and education reform. It's a really good way to minimize political damage, but as an approach to policy it leaves something to be desired.
"leaves something to be desired."
Well, yes. A bit less subtlety might be advisable, Matt.
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