Waste fraud and abuse

by Russ Roberts on February 25, 2009

in Politics

Every President promises to root it out:

Yesterday, I held a fiscal summit where I
pledged to cut the deficit in half by the end of my first term in
office.  My administration has also begun to go line by line through
the federal budget in order to eliminate wasteful and ineffective
programs.  As you can imagine, this is a process that will take some
time.  But we’re starting with the biggest lines.  We have already
identified two trillion dollars in savings over the next decade.

In this budget, we will end education
programs that don’t work and end direct payments to large
agribusinesses that don’t need them.  We’ll eliminate the no-bid
contracts that have wasted billions in Iraq, and reform our defense
budget so that we’re not paying for Cold War-era weapons systems we
don’t use.  We will root out the waste, fraud, and abuse in our
Medicare program that doesn’t make our seniors any healthier, and we
will restore a sense of fairness and balance to our tax code by finally
ending the tax breaks for corporations that ship our jobs overseas. 

Can't wait to see the two trillion dollars of spending that we can do without. And ending education programs that don't work? Looking forward to that too. The most politically amusing moment of the evening was when Obama mention expanding charter schools and Nancy Pelosi looked lost. She wanted to clap—she'd been clapping like a maniac all night long—but there are limits and she couldn't bring herself to do it. Obama also mentioned "competitive" schools but I think he just meant "competitive" as in "good."

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{ 9 comments }

Jacob Oost February 25, 2009 at 12:39 am

He's going to end the entire US public school system? Good!

Snaporaz February 25, 2009 at 1:40 am

Yes Minister "The Economy Drive"

Mezzanine February 25, 2009 at 4:26 am

What Emperor Obama really means is he will achieve 50% of the government of GDP by 2017.

Adam February 25, 2009 at 8:01 am

He probably meant that he's identified $2 trillion in additional spending that he won't push for. For now.

Methinks February 25, 2009 at 10:28 am

What he really meant is he's lying but he hopes everyone will soon forget.

Reach Upward February 25, 2009 at 2:48 pm

Every one of the "lines" that President Obama is talking about has its constituent beneficiaries that will fight tooth and nail to prevent their funding from being taken away. By employing proper theatrical methods, any cut can be made to appear hurtful and unreasonable.

I suspect that most of the "lines" the President talks about are actually mandated by law, so that the plan to eliminate corresponding funding can occur only with the willing concurrence of the legislature. Watch for some fireworks there.

The Chief Executive simply does not have the power to do much of what the President says he plans to do in this respect.

ThomasL February 25, 2009 at 4:17 pm

"And ending education programs that don't work? Looking forward to that too."

Don't worry, they'll be canceling the school choice program in DC. The parents seemed to think it was working fine; but they're just the parents, what do they know.

Ref: http://www.cnsnews.com/public/content/article.aspx?RsrcID=44063

Jeremy P February 25, 2009 at 9:27 pm

Higher standards from teachers gets nothing, charter schools gets one Biden clap, and increased spending and increasing the amount of teachers gets a huge ovation from Nancy Mussolini, I mean Nancy Pelosi. Forgive me, I'm always getting those fascists confused. :)

Jeremy P February 25, 2009 at 9:28 pm

Today I put up my School Choice Works bumper sticker on my car. Yeah, the high school chicks dig a minivan with a bumper sticker supporting school choice.

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