Government Running AmokIs there any limit to the reach of Obama's ambition to change the way we live? His proposals are so broadly cast, even breathtaking, that even reliable lefties are pulling to the side, trying to catch their breath.
The reliably left-of-center David Broder writes that “The size of the gambles that President Obama is taking every day is simply staggering” and adds that the agenda set forth in Obama's speech to congress is, in Broder's view "a dramatic reminder of the unbelievable stakes he has placed on the table in his first month in office, putting at risk the future well-being of the country and the Democratic Party's control of Washington.”
Obama talks the talk of fiscal restraint even as he sets into motion a $787 billion stimulus package, a $410 billion omnibus budget, and a $634 billion health care fund. He inherited, and promised to reduce, a budget deficit pegged at a half trillion dollars, yet what is it now? Even with Washington's legendary obfuscation techniques, it must be well north of two trillion by now. How will he pay for it? His tax increases on "the wealthy" are claimed to raise a mere 318 billion dollars over ten years, by reducing deductions on home interest and charitable deductions. What effect will this have on the levels of cash donated to food banks and other services that serve the poor?
Even power drunk democrats have to know that you can not pay for trillions of dollars of spending with one third of a trillion dollars. Do they think they can fool the electorate? Obama promised to not raise taxes on any American making under a quarter million dollars. What happens when we all feel the tax bite that will settle on us? Remember the rest of Obama's agenda? His "cap and trade" system will cause electric bills to skyrocket. Taxes on corporations will make everything we buy more expensive, and it will not all be invisible. Surcharges will be appearing on telephone and cable bills, taxi and bus rides, airline tickets will go through the roof, and on and on.
Overall, Obama showed a remarkable disdain for the truth in his speech, even for a politician. Not just getting the inventor of the automobile wrong, he larded his speech with lies and distortions throughout. That's not a good sign of what we can expect from him as this recession settles in.
Where will this all lead us? In two years we can guess at the electoral outcome, but I wonder what our nation will look like by then. I will never forget the picture of democrats, absolutely giddy with glee as Obama announced the breadth of his agenda Tuesday night. I wonder if they have gone mad, or is it that they have no shame? Their agenda has been bottled up since 1981 and the Reagan administration. Could it be that they have been anticipating this moment of power so long that they have taken leave of their senses? Only time will tell. As David Broder ends his piece, "When we elected Obama, we didn't know what a gambler we were getting."