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Economy
The War Against the Producers
2009-07-13
by Victor Davis Hanson (Hat tip Instapundit)
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Stimulus, stimulus and not a drop...

A "stimulus" of nearly a trillion dollars was proposed, without which we were told, unemployment would skyrocket and credit would tighten further. Six months later -- unemployment having risen even higher than the administration's forecast of what would have been the case had their stimulus package not been implemented -- now the same proponents of massive borrowing demand a second stimulus to accomplish what the first 'successful' borrowing apparently did not. If you fail, then try the same thing to fail even bigger the second time -- while calling for more success to follow the earlier success?

The Larger Agenda

Note here I mean something quite different from the accustomed notion of "accomplish." You see, I think the point was never much to build more bike paths on borrowed money or just bail out GM, but rather more to reengineer the tax code, as part of a grander vision of creating a new equality of result in America.

Soon we will all end up after each April 15 about making the same, driving the same sort of cars and using the same sort of mass transit, living in about the same sorts of houses, and having about the same sorts of "'they' will take care of it for me" philosophies -- all overseen by brilliant, but highly ranked and exempt Platonic Guardians who suffer on our behalf as they jet and limo at breakneck speed ensuring our welfare.
Posted by:g(r)omgoru

#4  The heck with WHO is John Galt - I wanna know where he's headed.
Posted by: OldSpook   2009-07-13 20:28  

#3  Who is John Galt?
Posted by: Ebbang Uluque6305   2009-07-13 18:38  

#2  He's too optimistic. Obama's results will be so bad, so soon, that there will be a backlash of some sort.
Posted by: Anguper Hupomosing9418   2009-07-13 12:14  

#1  In our area we have a very big black bear that is tearing up the dumpster at a local quick stop. He is making a mess and trash is everywhere. Trash is in a stream next to it and all over the banks. We thought the DNR or local government would do something but they just let him tear up everything he wants. I have given him a pet name of Obama.
Posted by: Dale   2009-07-13 08:08  

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