Newt Gingrich and the Treachery of the Budget Wonks

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It’s hard to keep up with conservatives. One day the center of liberal treachery is the NAFTA superhighway, the next it’s the Tides Foundation. Fast forward a few months and Agenda 21 is ruining the country, then a few weeks later it’s the Fed. Trying to keep score at home is exhausting. Luckily, we have Newt Gingrich to clue us into the next conservative jihad:

The Congressional Budget Office is a reactionary socialist institution which does not believe in economic growth, does not believe in innovation, and does not believe in data that it has not internally generated.

The Congressional Budget Office! That’s the shadowy cabal behind the decline of America! It’s been the budget wonks all along!

So what’s their sin? Beats me. At a guess, though, it’s their general unwillingness to apply “dynamic scoring” to the fantasy-based budget plans concocted by Republicans. You know, the ones where a gazillion dollar tax cut supercharges the economy and generates ponies and surpluses as far as the eye can see. But the stodgy old CBO won’t hear of it. They’ll account for deadweight losses and other well-grounded economic effects that offset revenue losses from tax cuts a little bit, but that’s all. No magic and no free lunches.

So Newt, the great conservative philosopher king, is mad at them. But there’s not really any point in pretending to take this seriously. It just deserves a solid dose of mockery. So that’s what it gets from Dan Drezner’s Twitter feed. Enjoy.

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We didn't know what to expect when we told you we needed to raise $400,000 before our fiscal year closed on June 30, and we're thrilled to report that our incredible community of readers contributed some $415,000 to help us keep charging as hard as we can during this crazy year.

You just sent an incredible message: that quality journalism doesn't have to answer to advertisers, billionaires, or hedge funds; that newsrooms can eke out an existence thanks primarily to the generosity of its readers. That's so powerful. Especially during what's been called a "media extinction event" when those looking to make a profit from the news pull back, the Mother Jones community steps in.

The months and years ahead won't be easy. Far from it. But there's no one we'd rather face the big challenges with than you, our committed and passionate readers, and our team of fearless reporters who show up every day.

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