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Wednesday, January 14, 2009
Jonah Goldberg :: Townhall.com Columnist
Skeptical of Obama's Stimulus Plan
by Jonah Goldberg
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Will the Dems' health care Christmas Present to America be an improvement or detriment to our health care system?


Barack Obama has a curious definition of "non-ideological." He's insisting on bipartisan support for a stimulus package that will cost more than anything Uncle Sam has ever bought, save perhaps for victory over the Axis powers. He says he wants "to put good ideas ahead of the old ideological battles" and doesn't care whether they come from Republicans or Democrats. But he also says that "only government" can pull us out of this crisis.

It's like Henry Ford's line that you could buy any color car you wanted, as long as you wanted black. Obama is interested in any idea, as long as its peddler starts from the same "non-ideological" assumption that government experts know best.

In fairness to Obama, there is a huge consensus around the notion that government must do, well, something -- something big. Conservative economists such as Harvard's Martin Feldstein support a stimulus package. Heck, Senate Minority Leader Mitch McConnell passes for a fiscal conservative these days because he opposes any bill of more than $1 trillion.

It's the consensus that scares me. Chin-stroking moderates and passionate centrists often glorify consensus to the point where they sound like it's better to be wrong in a group than to be right alone -- an example of ideological dogmatism as bad as any.

Obviously, consensus can be good. But it also can lead to dangerous groupthink. Everyone knew that Iraq had weapons of mass destruction. Everyone at "60 Minutes" knew those memos about George W. Bush and the Texas Air National Guard had to be right. Everyone knows everything is right, until everything goes wrong. If that's not one of the great lessons of the financial collapse of 2008, I don't know what is.

Last fall, the smartocracy said the Treasury Department had to be given $700 billion for the Troubled Asset Relief Program because the government had to buy all that bad paper right away. Since then, Treasury has bought no toxic assets, done nothing to help with foreclosures and, a congressional report released Friday revealed, can't adequately explain what it did with the first $350 billion. Continued...

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About The Author
Jonah Goldberg is editor-at-large of National Review Online.
 
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What happened ?
Do they cross the line into Washington and become brain dead? I'm discussed with the way and the things they are spending our tax money on. It seems as though the rich are getting richer and the hard working people in this country are going to have to work harder and do without to pay back there debt. The companies that have received bailout money act like their rich Uncle has died and it's money for them to go on a shopping and spending spree with. Middle class Americans are getting the shaft! I can't see anything that they have come up with that is going to help the middle class Americans. I think that we all should say...enough is enough. If you get bailout money and spent it like most of these companies have tried to do, then you pay it back. Don't put it on the hard working people that are the backbone of this nation. Better idea....Fire Washington and start all over, they couldn't fight their was out of a wet paper bag!

Permanent tax vacation
FairTax, people! FairTax!

http://www.fairtax.org

Eliminates all federal taxes: income FICA Medicaid, corporate. Replaces the %22 in taxes that is already factored into the price of products with a %23 sales tax, so prices remain basically the same, but you get to keep ALL of your paycheck. Plus you get a prebate of the cost of the sales tax on basic comsumption.

Eliminates the cost of tax compliance, so corporations will bring jobs back to the USA.

Eliminates the IRS. Put those agents into a respectable occupation instead -- since everyone is afraid of them, put them on border enforcement!

It's HR 25 -- write your representative!
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