The Wall Street Journal today has an editorial that’s right on target.
Here’s the core of the editorial: “Consider what private decision-makers see in their future: A 2074 page, trillion-dollar health-care bill to redesign 17% of the economy. A carbon tax — cap and trade — that remains an Obama priority ahead of the Copenhagen climate summit next month. A falling dollar and gyrating commodity prices, with no idea where those prices will go next. Democratic liberals are talking about an income tax surcharge to pay for any commitment in Afghanistan. Card check, to expand unionization in the private economy, remains a priority. Domestic discretionary spending in fiscal 2010 is set to rise at 12.1% with inflation near zero.”
Obama’s whole agenda is about expanding the scope and power of the state. That growth necessarily comes at the expense of the productive sector.
Years ago I saw a cartoon with a horse struggling to pull a heavily loaded cart up a hill. A bystander says to the driver, “Why not throw on a few more sacks — then you’ll get moving.” That was back in the Carter days. The load of government is much greater today.
