Daniel Henninger has an excellent WSJ column today, in which he argues that the GOP needs to make people understand that it is the “We’re Not Europe” Party.
The trouble with Europe (some countries more so than others) is high unemployment, slow economic growth and a populace that demands welfare instead of going out and working. Everything Obama has been doing accelerates our slide into that swamp.
Henninger writes, “Obama would never say it is his intention to make the US go stagnant by suppressing wealth creation in return for a Faustian deal on social equity. but his health system required an astonishing array of new taxes on growth industries. He is raising taxes on incomes, dividends, capital gains and interest. His energy reform requires massive taxes. His government revels in ‘keeping a boot on the neck’ of a struggling private firm. Wall Street’s business is being criminalized.”
Right — Obama will never say that, but reality requires trade-offs. You simply can’t have a robust, job-generating economy at the same time you have the federal government sucking in vast amounts of resources for the politicians’ visions of an egalitarian nanny state.
