The White House doesn’t seem to understand the meaning of the term “fresh blood.” It usually refers to new blood that is introduced into an anemic entity–not blood taken from one organ of an unhealthy body and placed in another organ of that unhealthy body.
But that’s what the surgeons at the White House have done in the transplant operation that removed Andrew Card (a former lobbyist for the automobile industry) as White House chief of staff and replaced him with Joshua Bolten, the White House budget director. George W. Bush did not select someone who might have a slightly different perspective on his administration. Bolten has been in the White House since Bush was first inaugurated. Moreover, he has overseen one of the larger disasters of the Bush presidency: its fiscal policy. Here’s how those radicals at The Washington Post editorial board recently described the situation:
President Bush has presided over a 46 percent increase in the federal debt, from about $5.6 trillion [to about $8.8 trillion]. By contrast, during President Bill Clinton’s two terms, the debt grew from less than $4 trillion to $5.6 trillion, a 28 percent increase — and during the last few years of his presidency, Mr. Clinton actually began to pay down the country’s “real” debt….
Mr. Bush has managed to rack up more new debt during his five years in office than the entire debt amassed by the United States through 1988. And there is more to come: The president’s budget envisions the debt rising to $11.5 trillion by 2011. This means that an increasing share of an increasingly tight budget must be devoted simply to paying interest — an estimated $220 billion this fiscal year alone. Remember: This is the president who entered office promising to pay off $2 trillion in debt held by the public over the next decade…..
[A]s the debt ceiling approaches $9 trillion, it’s time to pause and consider the unabashed recklessness of the Bush administration’s fiscal policies and its unwillingness to alter its tax-cutting course to accommodate new budgetary realities. “Future generations shouldn’t be forced to pay back money that we have borrowed,” Mr. Bush said in March 2001. “We owe this kind of responsibility to our children and grandchildren.” Where is that responsibility now?