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fiscal conservatism in Iraq

This tale of fiscal conservatism in Iraq—as evidenced by the unaccounted-for billions in pallets of $100 bills, as recounted here—is all-too-typical of Bushevik money management. Paul Bremer whined that, "I arrived in Baghdad at a time when much of the city was burning. Looting was still widespread. My responsibilities were to kickstart the economy."

Those sorts of slapdash slushfunds and cash handouts is quite at odds with the administration’s carefully planned wealth redistribution at home, with upwardly targeted tax cuts being the most obvious of many examples.

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