There are certain words that are overused in Washington. They have proven effective in covering a multitude of sins and soothing an angry electorate: These words include compromise, bipartisan, comprehensive, and deficit reduction.
The beauty of using these words in Washington is that there is no expectation by lawmakers that they be grounded in reality. The “comprehensive immigration reform,” during the administration of George W. Bush was the code for amnesty. Before that, we had back-to-back “five hundred billion dollar deficit reduction” bills offered by George H.W. Bush and Bill Clinton. Both of these bills had nothing to do with reducing the deficit and everything to do with getting out from under the constrains of the current budget. They were designed to increase, not decrease, federal spending.
Now we have this new word, “balanced,” trotted out by Barack Obama. On Monday, he used it seven times in his brief address to the nation. It is designed to make us feel comfortable about rasing the debt limit, again, because we have maxed out the national credit card. Continue reading “When “Balanced” is Unbalanced”