On this board we regularly and continuously argue about Ronald Reagan, and the efficacy of conservative versus liberal economomic policy...but, thank to Barack Obama, the evidence is in, and it is definitive.
Nobody dices and slices better than George Will...and this is a must-read:
1. "The debt-ceiling impasse has, as things generally do, ended, and a post-mortem validates conservatives portrayal of Barack Obama and their dismay about the dangers and incompetence of liberalisms legacy, the regulatory state.
2. For weeks, you could not fling a brick in Washington without hitting someone with a debt-reduction plan unless you hit Obama, whose plan, which he intimated was terrifically brave, was never put on paper.
3. By affirming liberalisms lodestar the principle that governments grasp on national resources must constantly increase Obama made himself a spectator in a Washington more conservative than it was during the Reagan presidency.
4. Obama annoyed liberals. They indict him for apostasy from their one-word catechism, More! ...said that failure to raise the ceiling would mean apocalypse...
5. Panic-mongers warned, Raise the ceiling lest the stock market experience a TARP convulsion. Yes, the market declined almost 778 points when the House rejected the Troubled Assets Relief Program. But who remembered that after TARP was quickly enacted, in the next five months the market lost an additional 3,800 points?
6. ...the Tea Party has demonstrated that the limits are elastic under the pressure of disciplined and durable passion. As Tom Brokaw said in Washington on Meet the Press last Sunday, the debt-ceiling drama ended as it did because the Tea Party got angry, got organized and got here.
7. Obamas presidency may last 17 or 65 more months, but it has been irreversibly neutered by two historic blunders made at its outset. It defined itself by health-care reform most Americans did not desire, rather than by economic recovery. And it allowed, even encouraged, self-indulgent liberal majorities in Congress to create a stimulus that confirmed conservatisms portrayal of liberalism as an undisciplined agglomeration of parochial appetites. This sterile stimulus discredited stimulus as a policy.
8. Obamas 2012 problem is that he dare not run as a liberal but cannot run from his liberalism."The debt deal and Obama’s 2012 problem - The Washington Post
Nobody dices and slices better than George Will...and this is a must-read:
1. "The debt-ceiling impasse has, as things generally do, ended, and a post-mortem validates conservatives portrayal of Barack Obama and their dismay about the dangers and incompetence of liberalisms legacy, the regulatory state.
2. For weeks, you could not fling a brick in Washington without hitting someone with a debt-reduction plan unless you hit Obama, whose plan, which he intimated was terrifically brave, was never put on paper.
3. By affirming liberalisms lodestar the principle that governments grasp on national resources must constantly increase Obama made himself a spectator in a Washington more conservative than it was during the Reagan presidency.
4. Obama annoyed liberals. They indict him for apostasy from their one-word catechism, More! ...said that failure to raise the ceiling would mean apocalypse...
5. Panic-mongers warned, Raise the ceiling lest the stock market experience a TARP convulsion. Yes, the market declined almost 778 points when the House rejected the Troubled Assets Relief Program. But who remembered that after TARP was quickly enacted, in the next five months the market lost an additional 3,800 points?
6. ...the Tea Party has demonstrated that the limits are elastic under the pressure of disciplined and durable passion. As Tom Brokaw said in Washington on Meet the Press last Sunday, the debt-ceiling drama ended as it did because the Tea Party got angry, got organized and got here.
7. Obamas presidency may last 17 or 65 more months, but it has been irreversibly neutered by two historic blunders made at its outset. It defined itself by health-care reform most Americans did not desire, rather than by economic recovery. And it allowed, even encouraged, self-indulgent liberal majorities in Congress to create a stimulus that confirmed conservatisms portrayal of liberalism as an undisciplined agglomeration of parochial appetites. This sterile stimulus discredited stimulus as a policy.
8. Obamas 2012 problem is that he dare not run as a liberal but cannot run from his liberalism."The debt deal and Obama’s 2012 problem - The Washington Post
