Monday, February 01, 2010
European Style Socialism: Exit Stage Left
The Obama Spell Is Broken: Unlike this president, John Kennedy was an ironist who never fell for his own mystique.
The curtain has come down on what can best be described as a brief un-American moment in our history. That moment began in the fall of 2008, with the great financial panic, and gave rise to the Barack Obama phenomenon.
Progressives pressed for a draconian attack on the workings of our health care, and on the broader balance between the state and the marketplace. The economic stimulus, ObamaCare, the large deficits, the bailout package for the automobile industry—these, and so much more, were nothing short of a fundamental assault on the givens of the American social compact.
Americans don't deify their leaders or hang on their utterances, but Mr. Obama succumbed to what the devotees said of him: He was the Awaited One. A measure of reticence could have served him. But the flight had been heady, and in the manner of Icarus, Mr. Obama flew too close to the sun.
Limestone Commentary
My declaration of the death of European-Style Socialism was way premature.
According to Rep. Paul Ryan (R., Wis.), the Obama budget is a "firm step toward transforming America into a collectivist society overseen by a social-welfare state."
This budget is about more than specific programs or policies. It is really about the American idea, and whether we want to move towards a European-style welfare state. I know that seems like those are big words, but those are the stakes. It is hard to come to another conclusion when you look at our debt and how we are spending. We are in a very dire fiscal situation."
The curtain has come down on what can best be described as a brief un-American moment in our history. That moment began in the fall of 2008, with the great financial panic, and gave rise to the Barack Obama phenomenon.
Progressives pressed for a draconian attack on the workings of our health care, and on the broader balance between the state and the marketplace. The economic stimulus, ObamaCare, the large deficits, the bailout package for the automobile industry—these, and so much more, were nothing short of a fundamental assault on the givens of the American social compact.
Americans don't deify their leaders or hang on their utterances, but Mr. Obama succumbed to what the devotees said of him: He was the Awaited One. A measure of reticence could have served him. But the flight had been heady, and in the manner of Icarus, Mr. Obama flew too close to the sun.
Limestone Commentary
My declaration of the death of European-Style Socialism was way premature.
According to Rep. Paul Ryan (R., Wis.), the Obama budget is a "firm step toward transforming America into a collectivist society overseen by a social-welfare state."
This budget is about more than specific programs or policies. It is really about the American idea, and whether we want to move towards a European-style welfare state. I know that seems like those are big words, but those are the stakes. It is hard to come to another conclusion when you look at our debt and how we are spending. We are in a very dire fiscal situation."
