After an unusually rough week, Rudy Giuliani has apparently decided he can help get his campaign back on track by focusing on his economic beliefs. Today, the former mayor has an op-ed in the Wall Street Journal, though it doesn’t take too long to start noticing its flaws. Here’s the first paragraph:
With economic uncertainty weighing on the minds of many Americans, Congress is preparing to recess after another year of profligate spending, protectionist talk and promises of higher taxes. No wonder some people feel like we’re moving in the wrong direction. But I’m optimistic as I look to the future. It’s not our country that’s moving in the wrong direction — it’s Congress, and Washington’s culture of wasteful spending.
Yes, Rudy Giuliani considers himself an authority on wasteful spending. It’s an odd choice for him to make right now. After all, we’ve learned over the last several days that the former mayor spent quite a few tax dollars on security details for his wife and mistress simultaneously, spent quite a few more to allow his mistress to use the NYPD as a cab- and dog-walking service, and then hid the costs in the budgets of obscure mayoral offices, apparently hoping no one would notice.
So we should elect him president, Giuliani argues, so he can clean up DC’s “culture of wasteful spending.” Um, how do I put this gently … even a fool wouldn’t buy into such nonsense.
Indeed, the rest of the WSJ piece is more a joke than a serious statement of policy.
We need to keep taxes low for our economy to grow. It’s not just a theory for me. I cut taxes 23 times as mayor of New York City with a Democratic City Council and State Assembly, and saw that lower taxes can result in higher revenue.
I feel comfortable calling this a “lie,” not only because it’s false, but because Giuliani knows it’s false. To arrive at his number, Giuliani has to claim credit for tax cuts initiated by others, tax cuts he opposed, and in one instance, he counts one tax cut twice. Best of all, Giuliani includes a scuttled tax increase on his list. (“We don’t consider not raising a tax a tax cut,” Charles Brescher of the city’s Independent Budget Office recently said.) Giuliani has been confronted with reality many times since he started making the bogus claim, but he still makes it.
Republicans have a clearer understanding of how our economy works.
A few paragraphs earlier, Giuliani lamented the huge increase in spending that happened under a Republican Congress with a Republican president.
This summer, I unveiled my tax plan, which committed to making the 2001 and 2003 tax cuts permanent, while aiming for still-lower marginal rates. We’ll give the death tax the death penalty, index the Alternative Minimum Tax for inflation as a step toward eliminating it entirely, expand tax-free savings accounts, and expand health-care choice through tax reform. We also need to reduce the corporate tax rate.
Giuliani is describing a series of cuts that will cost hundreds of billions of dollars, all to benefit the same people who’ve been lavished with tax cuts for the last seven years. It’s so absurdly irresponsible, it almost makes Bush and Cheney look reasonable.
[W]e can both save money and provide better services by consolidating duplicative programs. We don’t need 342 economic development programs or 130 programs serving at risk youth or 72 federal programs dedicated to ensuring safe water (according to a 2004 report). No doubt many of these programs are worthy, but citizens shouldn’t have to navigate a maze of overlapping bureaucracies.
What’s that going to save, a few million here and there? By making safe water a little less safe? That won’t pay for a single tax cut — that won’t even pay for a single day of a single tax cut.
Reforming a culture of wasteful spending requires standing up to special interests and insisting on transparency and accountability.
I assume Giuliani is aware of the fact that we know he hid his sex-on-the-city costs in budgets responsible for regulating loft apartments, aiding the disabled, and providing lawyers for indigent defendants, right? And he wants to emphasize “transparency and accountability”? Seriously?
Honestly, it’s as if Giuliani is trying to become a laughingstock.
If only Jon Stewart were on the air to cover this….