Recently I suggested that Claude Allen had simply been applying basic BushCo doctrine — lie, cheat, and steal — to his shopping activity. But Jacob Weisberg has a good argument that Allen was actually applying the Bush version of dynamic scoring, the nonsense formerly known as supply-side economics. The principle is the same: something for nothing.
Too bad you can’t go to jail for applying that principle to billions of dollars rather than thousands of dollars.
Footnote Yes, of course changes in tax rates have impacts on future economic activity and therefore the base on which those rates will be collected, and sensible budget policy would take account of those impacts. But that’s far different from the hallucinogenic version of dynamic scoring behind Bush’s budget numbers, in which tax cuts don’t actually cut revenues at all.