The congressional supercommittee tasked with cutting the debt has failed. Good. Embrace the joy of failure.
Sometimes failure works out for the best. Because in this case "failure" leads to the Holy Grail: $1.2 trillion in forced spending cuts. That’s the best thing that could have ever come out of this unconstitutional "supercommittee.”
Congress is now forced to accept automatic across the board cuts to spending — including defense spending. This is what the GOP should have been aiming for from day one. Play out the clock and force $1.2 trillion in spending cuts.
But our GOP friends never miss an opportunity to miss an opportunity.
The GOP had the perfect campaign message tailor-made for a 2012 landslide. "The GOP stands for smaller government, lower taxes, less spending. Obama is for bigger government, higher taxes, more spending." The same simple clear contrast that led to a historic tea party landslide in 2010. All they had to do was play out the clock and let the spending cuts take effect.
Instead the GOP supercommittee members were so scared of actually forcing real, honest-to-goodness, spending cuts that they desperately tried all last week to compromise with Democrats. They practically begged Democrats to increase taxes on the wealthy (by taking away deductions). The GOP was anxious to sell out every small business owner, homeowner, and GOP contributor in America.
Republicans offered a deal to Democrats that included only slightly larger spending cuts versus tax increases. And guess where all the tax increases were aimed? Wealthy taxpayers.
Even as GOP presidential contenders lied to our faces during televised debates, all agreeing they would not even accept a deal of 10-to-1 spending cuts versus tax increases, the GOP supercommittee members attempted to sell out the entire conservative base.
That is the reason I left the GOP during the Bush reign.
As soon as the supercommittee fell apart, than GOP was screaming from the highest rooftops that they will block the automatic defense cuts. They have obviously received too many calls from defense contractor contributors.
This could be one of the most self-destructive game plans in political history. First, we need across-the-board spending cuts to save America from a fate like Greece or Italy. There is no way to cut the debt and avert an economic tragedy without cutting from every department of government — including defense.
Second, these "automatic spending cuts" aren’t really even cuts. Not a dollar of today’s defense spending will be cut. All that’s being cut is future increases in defense spending. If we can’t agree on that, America is doomed.
Third, U.S. voters are looking for someone to show they have courage. If the GOP won’t cut one dollar of future increases in defense spending, despite the pending insolvency of America, than how can we ever shame the Democrats into cutting domestic spending Social Security, Medicare, or Medicaid?
Last, by compromising on taxes to get spending cuts, they would be cutting their own throats. Ask Ronald Reagan and George H.W. Bush. Both were lied to and fooled by Democrats who promised future spending cuts in return for tax increases, but never delivered.
Worse, Reagan and Bush were forever more called “tax raisers” by Democrats. No conservative can ever win by raising taxes, stupid.
Are Republicans really that tone deaf? Don’t they realize the key to winning next November is to stand firm against any tax increases?
If the GOP members of the supercommittee had voted for not only "revenue increases" but increases designed as punishment for wealthy taxpayers, the enthusiasm gap simply vanishes. By limiting the deductions of upper income taxpayers, you are raising taxes and punishing your own supporters and contributors — exactly what Obama wants you to do. Divide, demoralize, and conquer.
Greece and Italy are insolvent. Yet they have among the highest tax rates in the world. Higher taxes don’t save the economy. High taxes don’t lower debt. High taxes have destroyed the European economy. We need spending cuts, not "revenue increases."
Here’s my message: Embrace the failure of the supercommittee. Accept the automatic spending cuts. Stop considering compromises over taxes with Obama. If you accept the notion that the rich should be punished, stop calling Obama a socialist . . . because you’re no better than Obama. With friends like that, who needs enemies?
Compromising with Obama to wreck the finances of your own supporters is only going to kill the enthusiasm of your own base, and get you defeated just like George H.W. Bush.
One last message to the GOP — grow a spine.
Wayne Allyn Root is a former Libertarian vice presidential nominee. He now serves as chairman of the Libertarian National Congressional Committee. He is the best-selling author of "The Conscience of a Libertarian: Empowering the Citizen Revolution with God, Guns, Gold & Tax Cuts."
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