Monday, February 16, 2009

Maybe America Could Have Afforded Her Ideas After All ...

Remember when Hillary Clinton let it slip during the Democratic primaries that America couldn't afford all of her ideas?

Little did we know that Clinton may have been a pretty cheap date in comparison.

David Frum:

President Obama and the Democrats have responded [to the economic crisis] by steering the US radically to the left. Since World War II, the federal government has most years spent less than one dollar in five of national income. Once the stimulus gets underway, the federal government will spend more than one dollar in four. The cost of everything the Democrats want to do comes closer to one dollar in three.

We’re facing more regulation of everything from high finance to the ordinary workplace. The Democrats are expanding Medicaid to crowd out private insurance. The federal government wants a huge new role in redirecting private investment in transportation and energy in the name of “green jobs.”

In 1996, Bill Clinton asserted, "We will meet these challenges, but not through big government. The era of big government is over."

Would President Billary have been as intent on sinking so many hundreds of billions of dollars into the black hole that is the porkulus package?

I, for one, think that the damage would have been marginally smaller.

Oh, Bill. If only you had been right about the era of big government being over.

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