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Monday, January 12, 2009
Star Parker :: Townhall.com Columnist
Republicans need shareholder revolt
by Star Parker
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Since World War II, the federal government take has averaged about 20 cents on the dollar. Now, take the 28 cents and add in state and local government spending and we arrive at about 40 cents of every dollar we produce that will be going to government.

Is this really the formula for restoring American greatness and prosperity?

Despite Senator McConnell's stated reservations about this spending tsunami becoming "systematic" and Obama himself saying "I'm not out to increase the size of government long-term," it's impossible to take these disclaimers seriously.

History shows that every expansion of government stays permanent.

Until now, the greatest expansion was under Franklin Roosevelt's New Deal that our president-elect seems to be taking as his model. At the beginning of the 1930s total government take was about 12 cents from every dollar. By the beginning of the 1940s it more than doubled to 25 cents of every dollar.

As Harvard Economist Greg Mankiw points out, the massive expansion of government during those years was supposedly to deal with temporary problems -- the depression and then the onset of World War II.

But there was never a subsequent cut back. The expansion just continued to where we are today.

As the political class in Washington transforms our once great, prosperous, and free country into a lumbering socialist mediocrity, a voice of dissent is needed.

In this sense, I like what Ken Blackwell is proposing in his run for RNC Chairman. Blackwell is calling for a "shareholder revolt" within the Republican Party and to move power, money, and influence to State organizations.

We do need a shareholder revolt in the Republican Party followed by one in the country as a whole.

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About The Author
Star Parker is the founder and president of CURE, the Coalition for Urban Renewal & Education, a 501c3 think tank which explores and promotes market based public policy to fight poverty, as well as author of White Ghetto: How Middle Class America Reflects Inner City Decay.
 
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Star
Why do you think that only Republicans need
shareholder revolt?

I think a bailout was an absolutely necessary
evil, but the way Bush and gang handed out
money with virtually no oversight or
requirements, or punishments is outrageous
beyond belief.

A Revolution is Needed!
I'm with Star! I think it is outrageous to think that only government can (or will) solve our economic issues. We will have an expanded government that will never shrink back to even its current size. I believe in Capitalism and its ability to solve problems when creative minds are put to work to solve problems...for the people and by the people...not government! I is hard for me to believe we as a people have not marched on the halls of the Capitol!
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