Robert J. Samuelson: Where are the Clinton and Bush Apologies for Our Budget Crisis?
Robert Samuelson writes a weekly economics column that usually runs in The Post on Mondays
Here’s a fantasy of mine that might help solve the long-term budget problem. Retired presidents Bill Clinton and George W. Bush would tour the country together and apologize. They would apologize for not tackling Social Security and Medicare when they had the chance. They would say things that would offend their political bases: Bush would concede that we’ll ultimately need higher taxes to balance the budget; Clinton would support real Social Security and Medicare cuts to minimize draconian reductions in other government programs and steep tax increases.
This exercise would elevate public rhetoric to the level of private knowledge. Clinton and Bush know, as does almost anyone who’s examined the budget, that lower retirement benefits and higher taxes are essential to bringing government revenues and spending eventually into balance. But practicing politicians cannot utter these twin truths together without calling forth the full wrath of their own true believers, who remain in resolute denial — or are simply dishonest.
Clinton would condemn Democrats’ ritualistic attacks on Republicans — he excelled at them — that equate any changes in Social Security and Medicare with demolishing the programs. Bush would challenge the world’s Grover Norquists for whom even the tiniest tax increase is an unpardonable sin inviting economic ruin....