John Sununu
The precise point at which a tax deduction becomes a 'loophole' or a tax incentive becomes a 'subsidy for special interests' is one of the great mysteries of politics.
Barack Obama's life was so much simpler in 2009. Back then, he had refined the cold act of blaming others for the bad economy into an art form. Deficits? Blame Bush's tax cuts. Spending? Blame the wars in Iraq and Afghanistan. No business investment? Blame Wall Street.
Obama's view of the tax code is inherently political: Whom can we hit next? Energy companies, jet owners, bankers? Instead, the question should be how to promote economic efficiency by raising revenue without trying to manipulate corporate or personal behavior.
Politics thrives on simple, clean messages, something that played to Obama's advantage in 2008. Stagnant unemployment and the loss of America's AAA rating are as simple and tough as they come. This is the economy on Obama's watch, and there's no one left to blame.
The debt-ceiling vote isn't about what will be done in the future; it is about the integrity of America's commitment to support the bonds we issue. Elected officials have an obligation to maintain that integrity, regardless of whether they voted for the programs that required the borrowing in the first place.
After everyone has had a chance to bluster, posture, and pontificate, we are left with one basic question: under any foreseeable circumstance, would it be in our national interest to default on our debt? The answer is unequivocally no.
Critics might contend that putting former private-sector CEOs in the president's Cabinet places the fox in the henhouse. But it's unlikely such executives would expose themselves to the headaches if they weren't genuinely motivated by the call to service.
Bureaucrats behave very differently than a private-sector manager because their motivations are different. Permanent bureaucrats, no matter how senior, worry about their next job.
We'll always have bureaucracies, but bureaucracies led by bureaucrats might be too much of a bad thing.