The United States is undergoing one of the biggest political revolutions in its post-war history, and perhaps the most important since Ronald Reagan, with an emphatic rejection of the idea that government knows best when it comes to handling key domestic issues, especially relating to the economy. President Obama, whose administration has practically worshipped at the trough of big government, looks spectacularly out of touch with a clear majority of the American people. The highly interventionist liberal experiment of the last two and a half years has been a spectacular failure, with 14 million Americans out of work, sliding consumer confidence, collapsing house prices, and falling stock markets.
This is why Barack Obama could well end up being the last big government president of the United States, a nation that simply cannot afford the lavish excesses of an imperious presidency that drains the pay-checks of hard-working Americans with impunity and reckless abandon. ...
Wednesday, September 28, 2011
The Prospects for Big Government
From Nile Gardiner, writing for the Telegraph: