Does cutting taxes force Congress to spend less money? So far under President Bush, the answer has been a resounding no. Now there's some evidence that Congress actually may be tightening the purse strings. Unfortunately, what it has done so far doesn't exactly prove the conservative case.
The new evidence is that Congress voted last month to cut the budget for the National Science Foundation, or NSF, which supports basic scientific research. This means that next year the NSF will have about 1,000 fewer research grants. This comes at a time when scientific experts worry that the United States is losing its worldwide primacy in science and technology.
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Still, you say, don't we face a huge deficit now? Indeed we do, but cutting support for scientific research is an incredibly mindless way to solve that problem. Deficits are bad because they represent a form of borrowing against the future. Every dollar we spend beyond our means today is one less dollar that we'll have to spend someday down the road. But scientific research is an investment in future prosperity. Cutting the NSF budget is like a family in debt pulling its children out of college but keeping its country club membership.
And this turns out to be utterly typical of the way conservatives practice fiscal restraint. Their strategy of "starving the beast" — trimming down government by depriving it of revenue — is not supposed to chop down spending per se; it's supposed to get rid of waste. As it happens, though, waste has flourished while Washington has sacrificed lots of necessary spending.
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http://www.latimes.com/news/opinion/commentary/la-oe-chait31dec31,1,7598975.column