When environmentalists find that the budget for the Department of the Interior is being decreased by more than 10 percent, they're up in arms. The president's proposals are panicking the diplomatic community, which is facing significant cuts in foreign aid and humanitarian assistance.
It is upsetting the farming industry, community organisers and supporters of funding for increased healthcare, welfare and food stamps.
These opponents, like any department head in a company, have good reasons to be upset. So they question the leader's logic. They point out potential mathematical errors in the spreadsheet. They scoff at the over-optimistic revenue (in this case, growth) assumptions. They fight and they shake their heads in wonder how their CEO (or in this case, president) can be so ignorant as to not give priority to the issues that deserve it the most. . .their issues. These managers wouldn't be doing their jobs otherwise.
For years, I've had clients, readers and countless business executives scratch their heads at the decisions that governments make and say to me: "We wouldn't run a business the way this government is run." Yes, it's true that there are many differences between running a government and running a business. But the runaway spending and alarming increase in our nation's debt is of grave concern to the business community. Some economists have said that our national debt, whether it's $19 trillion or $29 trillion, can be managed like a mortgage - as long as the government is able to service it.
But who really knows where that "service" limit is? Do we really want to find out? Do we want to risk the fates of other countries that have bankrupted themselves under the weight of unserviceable commitments and entitlement programs? No business leader would take this risk. Instead, they - like President Trump - would have a plan for balancing their budgets. A plan that would require some hard choices.
President Trump is saying to the American people what any business leader would say to their managers and employees: we can't afford all this stuff.
Of course, no budget is perfect - and this one has many flaws. Some deficit hawks say it's not doing enough to address entitlement spending like Social Security and Medicare. Others are dubious that tax cuts will fuel growth, or that growth will ever reach the projected levels (3 percent) necessary to make things balance.
A few are annoyed that the president has included funding for some of his pet projects like the Mexican wall and daughter Ivanka's plan for paid parental leave. But this is just a first offer. There are months of congressional reconciliation and negotiation ahead of us and Congress isn't bound to abide by all of the president's proposals. It's unlikely they will.
President Trump is saying to the American people what any business leader would say to their managers and employees: we can't afford all this stuff. It would great to have unlimited healthcare, gleaming infrastructure, military security, top-notch education and food and housing for everyone who needs it, while also helping out those in need in other parts of the world. But that's just not reality. No business, no government - not even America - has a blank check to afford all the wonderful things we wish we had. Can you?