Thursday, August 6, 2009

too much government: why obama may (and will) fail

"Normally government activity flows by like unnoticed sludge, but Obama's celebrity got everyone watching. What people have seen is: an $800 billion stimulus package designed by Congress, a $4 trillion budget, massive outlays by an alphabet soup of Treasury and Federal Reserve programs, Barney Frank the symbol of Democratic goals, and then the federal absorption of GM, an American icon. After all this, ObamaCare looks like a bridge too far. The harder the White House and Democrats push this idea, the worse it could get for them. Americans may have arrived at the limit of how much government they want or will pay for. If Barack Obama can't sell more of it, no one can."

No comments:

Post a Comment