You remember early on in the Obama Administration when he “challenged” his cabinet to find something like $0.82 in savings? Actually, it was about $100 million or one three-thousandth of the new spending he was sending their way.
Well, he’s doing it again. This time he’s calling for a merging of several federal agencies. It would cut about 1000 federal jobs and save a whopping $3 billion over the next decade. If only he can do it 4000 more times, our budget problems will be solved.
But, OK, I’ll praise him for that … for a second … let’s bask in it.
And now I’ll call it bullshit:
Contrary to what various news outlets are reporting, President Obama is NOT proposing to cut government. The administration is proposing to take four independent federal agencies that specialize in corporate welfare – along with the Office of the U.S. Trade Representative – and combine them with corporate welfare programs at the Department of Commerce to form what I would argue should be called the Department of Corporate Welfare.
According to reports, this rearranging of the deck chairs would save $300 million a year. That’s peanuts. Worse, those alleged savings will be of no consequence to taxpayers as there is nothing to suggest that the president intends to cut overall spending for the agencies comprising the new bureaucracy. That portends bigger government, not smaller. The president is trying to sell the American taxpayer a false bill of goods.
The program is actually called BusinessUSA. But while making it easier for businesses to navigate the dizzying federal bureaucracy might be a laudable goal, a better one would be making them not have to navigate it all. A huge amount of what these agencies do is pure corporate welfare, with companies wheeling and dealing for the next taxpayer buck. The programs should be merged and then cancelled. The only remainder should be necessary stuff like export control (i.e., making sure our businesses don’t sell nuclear weapons parts to Iran or somebody).