Why the Simpson-Bowles Plan Will Ultimately Fail

Search form

Why the Simpson-Bowles Plan Will Ultimately Fail

Why the Simpson-Bowles Plan Will Ultimately Fail
Thu, 1/17/2013 - by Aaron Swisher

What would you think of a construction crew who showed up to a job site on the first day and said, “We’re here to put on the roof!"? You’d obviously wonder if they knew what they were doing. Yet this analogy is appropriate, unfortunately, for much of what goes on in Washington D.C. A perfect example is the deficit reduction plan developed by former Senator Alan Simpson and former White House Chief of Staff Erskine Bowles.

Known as the Simpson-Bowles Budget Plan – or more appropriately, the recommendations of the National Committee on Fiscal Responsibility and Reform – it is a bipartisan blueprint meant to stabilize, and then reduce, the national debt. With the President and Congress delaying decisions on the portion of the fiscal cliff that had to do with budget cuts until next month, we will probably be hearing a lot about this flawed plan in the coming weeks.

I mean no disrespect to Mr. Simpson or Mr. Bowles, but the fact of the matter is there are a couple of major problems with their budget plan.

The first is that it is simply a budget plan and nothing more. A mere fiscal plan might be appropriate if the economy were in good working order and our only problem was a budget deficit, but this simply isn’t the case. Trying to formulate a plan to solve our financial problems without first fixing the economy (or doing both at the same time) is like trying to put the roof on a building that has no foundation or walls.

Moreover, the United States has serious energy, environmental and social problems as well. While these issues might not be completely rectified by a comprehensive economic plan, they should at least be given consideration in the process of fixing both our economic and fiscal problems. The budget plan being pushed by these gentleman's plan does nothing of the sort.

This brings us to the second problem with the Simpson-Bowles plan. In order to seem non-partisan and unbiased, Alan Simpson and Erskine Bowles took great pains to make sure they cut from almost every part of the budget. As former Senator Simpson likes to say, “We slaughtered every sacred cow in the field.”

While scrutinizing every part of the federal budget is a worthy approach and a necessary task, the fact of the matter is that some parts of the budget have already been cut more than is prudent. With our country’s infrastructure and educational systems desperately in need of additional investment, cutting them simply to prove impartiality skirts the important debate we should be having about various budget items.

Because Democrats and Republicans are constantly tweaking tax and spending policies to revive the economy, it would be better to establish a solid economic foundation before we ever attempt to solve our budget problems. Yet the National Committee on Fiscal Responsibility and Reform plan does nothing to provide this economic base.

Because of that, even if the Simpson-Bowles plan manages to become acceptable to both sides, and is implemented without amendment, it is ultimately destined to fail.

Aaron Swisher is the author of “Resuscitating America – An Independent Voter’s Guide to Restoring the American Dream."

 

Article Tabs

Community Environmental Legal Defense Fund, community bill of rights, Mothers Against Drilling in Our Neighborhoods

Across the country, battles are raging as communities attempt to protect the air, soil and water within their borders and the safety of their residents.

prison divestment campaign, criminal justice reform, Columbia Prison Divest, Corrections Corporation of America, GEO Group, Dream Defenders, incarceration rates, Student Alliance for Prison Reform

Columbia Prison Divest pressured the university to dump $8 million in Corrections Corporation of America, the country’s largest private prison company, as well as shares in other behemoths of the private security industry.

Barnesville, Gulfport Energy, Environmental Protection Agency, Antero

A tiny town in eastern Ohio is being sued by an Oklahoma-based oil and gas company that bought more than 180 million gallons of water from the town last year.

History shows that liberals need radicals.

American Legislative Exchange Council, ALEC, BP, climate change denial

Oil company BP said on Monday it has stopped supporting conservative political group ALEC, becoming the latest corporation to end its membership in a group critics say works to deny the existence of climate change.

Until the federal government gets serious about bailing out America’s students and instituting free, public higher education for all who apply, America’s student debtors should refuse to make any further payments.

Posted 4 days 14 hours ago
fracking studies, anti-fracking movement, fracking ban, Real Media, Debt Resistance UK, Anti-Daily Mail week, WailOnline, Blockupy, Occupy Rupert Murdoch

Imagine a world where the 1% doesn't have a monopoly over science and news – but where we can instead think for ourselves.

Posted 5 days 11 hours ago
money in politics, Citizens United, Edward Snowden, kleptocracy, surveillance programs, NSA, whistleblowers

Welcome to 1% Elections, the privatization of the State, a fourth branch of government, and the demobilization of "We the People."

Posted 4 days 13 hours ago
healthcare privatization, National Health Service, Cancer Not for Profit, 38 Degrees

Last week saw the biggest leak in the history of the U.K. National Health Service, with the publication of a document that revealed clinical commissioning groups were looking for a private company to accept a £1.2 billion contract for cancer care.

Posted 3 days 13 hours ago
Community Environmental Legal Defense Fund, community bill of rights, Mothers Against Drilling in Our Neighborhoods

Across the country, battles are raging as communities attempt to protect the air, soil and water within their borders and the safety of their residents.

healthcare privatization, National Health Service, Cancer Not for Profit, 38 Degrees

Last week saw the biggest leak in the history of the U.K. National Health Service, with the publication of a document that revealed clinical commissioning groups were looking for a private company to accept a £1.2 billion contract for cancer care.

Barnesville, Gulfport Energy, Environmental Protection Agency, Antero

A tiny town in eastern Ohio is being sued by an Oklahoma-based oil and gas company that bought more than 180 million gallons of water from the town last year.

Canada, The Intercept, Citizen Lab, Security of Information Act, QUANTUM, Communications Security Establishment

Canada has adopted aggressive tactics to attack, sabotage and infiltrate targeted computer systems.

water wars, California drought, water barons, Western Growers, California breadbasket, Primary Water Institute, underground water reserves, underground water regulations, primary water

It’s no longer just the farmers against the ranchers or the urbanites – it’s the people against the new “water barons” like Goldman Sachs, JPMorgan Chase, Monsanto and the Bush family, who are buying up global water at unprecedented pace.

Sign Up