What’s a trillion or two among friends?

More fuzzy math from our reality-challenged President.

The Social Security Administration says Kerry is right: the Bush plan will leave something like a $2 trillion hole in the budget.

The point, which the President did his best to obscure (and a superb best it was) in the debates, is not that the plan would cost money. The point is that the plan would cost a ton of money, and that not a penny of that money is included in the calculations supporting the Bush fingers-crossed pledge to cut the deficit in half in four years.

Author: Mark Kleiman

Professor of Public Policy at the NYU Marron Institute for Urban Management and editor of the Journal of Drug Policy Analysis. Teaches about the methods of policy analysis about drug abuse control and crime control policy, working out the implications of two principles: that swift and certain sanctions don't have to be severe to be effective, and that well-designed threats usually don't have to be carried out. Books: Drugs and Drug Policy: What Everyone Needs to Know (with Jonathan Caulkins and Angela Hawken) When Brute Force Fails: How to Have Less Crime and Less Punishment (Princeton, 2009; named one of the "books of the year" by The Economist Against Excess: Drug Policy for Results (Basic, 1993) Marijuana: Costs of Abuse, Costs of Control (Greenwood, 1989) UCLA Homepage Curriculum Vitae Contact: Markarkleiman-at-gmail.com