May 22, 2008
New Farm Bill an Embarrassment
President Bush has vetoed the new farm bill and his veto is sure to be overridden. Yet most all economists agree that it is a boondoggle. How do we get such bad pieces of legislation? The rest of the country will pay for steep protections for Americans farmers, many of whom are very, very wealthy. The bill gets subsidies to farmers whose income can reach $2.5 million a year. Bush gets no credit from the pundits for his stand and the Democrats that have pushed the bill get no public criticism. How can Democrats, who rail against "breaks for the rich," support this? How our country survives this stuff year after year is a downright amazing testament to our inherent national health.
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Congress couldn't override Bush's veto without GOP acquiescence. Make no mistake: This bill was a bi-partisan, reach-across-the-aisle triumph in legislative waste.
The reason Bush doesn't get the credit you think he deserves is that, under his presidency, the GOP has proved itself just as capable at reckless spending. Bush became a "fiscal conservative" around the same time the Dems took back the House in 2006. Six years is a little late for a self-proclaimed small government Republican to find Jesus, don't you think?
Posted by: Vince | May 22, 2008 8:02:19 PM