Sheldon Richman argues here that the idea of compromising with the Democrats over the “stimulus” bill is like negotiating with a robber on how much of your silverware he steals.
He also observes, for the umpteenth time, that there is nothing stimulative in political allocation of scarce resources. What the Obamaites are doing is expanding the state at the expense of the private sector. But it’s in the private sector that we find efficiency and progress. The more the state grows, the less scope there is for entrepreneurship.
Leftists hold on to the notion that they have a “third way” that combines the productive efficiency of capitalism with the “human face” of socialism. We know that’s pure fantasy. The “third way” slides faster and faster into socialism’s authoritarian drabness.
