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Who Cares About the Deficit?

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Evan Soltas dives into coverage of the deficit, and confirms every cynic's hunch on what people in power really think about the issue:

Here's what's really going on: a schizophrenic conversation about the proper size and role of government. It's really easy to win political support for lower taxes or for particular government spending. It's really hard, by contrast, to win support for the concomitant part of the Republican or Democratic agendas: big cuts to specific federal programs or increases in average tax rates on the middle class.

Washington doesn't have deficit monomania. It has an acute case of deficit displacement syndrome: a tendency to use a budget shortfall as cover to expand or contract the federal government. Instead of talking mainly about tax increases or cuts to government services, both parties disguise the real issue by feigning concern about deficits.

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About the Author

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David Frum

David Frum is a contributing editor at Newsweek and The Daily Beast and a CNN contributor. He is the author of eight books, including most recently the e-book WHY ROMNEY LOST and his first novel Patriots, published in April 2012.

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