Monday, January 04, 2010

Why the Aughts sucked

It was easier to find things to complain about during the decade just passed. In my piece for the Register wrap-up I focused on 9/11 and America's disastrous response, from the Truly Superfluous Agency TSA to limitation of civil liberties to the ill-conceived Iraq war. Moving right along, there was also the financial crisis, almost entirely -- not quite entirely but almost -- caused by government, which most Americans still blame on "unfettered" capitalism and lack of regulation of the most heavily regulated industry in the country. Trouble is the regulators were pressing banks to write unsound mortgages in the name of affordable housing. Thanks for the help!

And then there's the likely government takeover of health care. This is a strictly ideological cause -- there are problems but no crisis -- but "progressives" have been luisting after socialized medicine since the time of Teddy Roosevelt. In TR's day there was an excuse -- no outright socialist regimes had been established and it sounded good in theory. How anybody can still see anything lovely in socialism and statism after the experience of the 20th century is beyond me. But obviously, lots of people can.

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