Monday, March 02, 2009

Much worse than the politicians can admit

Various people have criticized President Obama for being too downbeat about the economic crisis, and in fact, as his budget demonstrates, he has used the sense of crisis to put forward a quite radical agenda that, like his stimulus bill that mainly stimulated bigger government, is likely to receive much less extensive informed debate than it deserves to the overweening sense of crisis. I view that as reasonably unconscionable, of course, and the argument that the American people bought every aspect of everything he hinted at vaguely in the campaign is absurd; they bought him largely because he made them feel less nervous than McCain did.

In fact, however, as I argue in this piece for the Register's Commentary section yesterday, he and most politicians have been all too upbeat about the crisis, in part by failing to acknowledge the entitlement crisis that is still breathing down our necks and madly expanding the government house of cards in the face of it. Barack's program is virtually guaranteed to make things worse rather than better -- at which time the media courtiers who dance attendance on the emperor will blame the fialure on the unfettered free market and demand even bigger government.

2 comments:

Anonymous said...

I just found the website who reviews about
Several
home business reviews

If you want to know more here it is
home based business

Anonymous said...

Hello, I now became a member of this community here and I would love to be a member of it. Just love the environment here. Great work by the mods and every member here. I appreciate the quality of posts posted by everyone and hope I can do that for you all too. Just to start off, I came across a great website named [url=http://www.home-businessreviews.com]home business reviews[/url] that reviews some good home business ideas. Anyway website owner make's more than 500$+/day. He discovered some very cool home business opportunity . Because I found that these home based business reviews worked for me I decided to post it here so you also can make some extra cash in your free time. Owner of this website also found very simple way earn some extra cash just taking [url=http://www.home-businessreviews.com/Surveys-For-Money.html]surveys for money[/url]. Anyway if you need to earn some extra money feel free to check out this site. Hope you guys like it. OK, look forward to great conversation and hanging out here often. www.home-businessreviews.com