Word: reconstructionism
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Without any ideological ballast, the Bush Presidency resembles nothing more than the bastard child of the Harding and Johnson administrations: from cronyism at home (from Brown at FEMA to the Miers nomination) and abroad (Iraq reconstruction contracts), to overly ambitious Great Society spending at home (Medicaid) and quagmire wars (Iraq...
“Hurricane Katrina is bad news for American influence, which means reconstruction is an opportunity,” he said arguing that American resources will be less available to fund its strategic goals and to subsidize peace plans. Walt also said the images of incompetence gave more incentive...
But there’s no free lunch. Spending billions on these pet projects will require either raising taxes on everyone or cutting spending on other government programs. Although the Bush administration is right to rule out tax increases to finance the reconstruction—increasing taxes would undercut our...
Who is going to benefit from this largess? It won’t be the poor Superdome victims highlighted on national television. Instead, chances are that cronyism and corruption will line the pockets of well-connected businessmen and officials. The government has a proven inability to manage and oversee spending...
Moreover, beyond the issue of the Louisiana senators’ bald-faced avarice and the bill’s grotesque fiscal obscenity, the basic question is, why should the rest of the country pay to rebuild New Orleans? If it is worth being rebuilt, then it will be rebuilt on...