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CONSCIENCE OF THE TAXPAYERS.(ISSUES & INSIGHTS)(EDITORIALS)

Investor's Business Daily

| September 05, 2001 | COPYRIGHT 2001 Investor's Business Daily, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

News reports of Texas Republican Phil Gramm's retirement from the Senate predictably have focused on control of that chamber. While that's important, we find it more significant that the Senate is losing its only trained economist.

The rest of the media don't seem to share our concern. We suppose they're saving their so-sorry-to-see-you-go tributes for the retirement of the several lawmakers who have been hailed the Conscience of the Senate -- usually for redistributing wealth.

What else should we expect? We're well aware that the media lionize the feel-good politicians who piously proclaim they're for the little guy while enlarging the grasp of government. Far less acclaim goes to sober thinkers like Gramm.

The plain talk of Gramm can sound downright malicious. When he scolds the government for taking money from one group of Americans to give to another, that's proof certain to his critics that Gramm is among the mean folks who make life so hard for all the rest.

Gramm's "mean streak" is rooted in his days as a Democrat. In 1981, while a member of the House Budget Committee, the Texan co-sponsored the Gramm-Latta resolution to shepherd President Reagan's budget through Congress.

Having no heart for heartless men who would cut federal spending, the Democrats kicked ...

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