I didn’t vote for Barack Obama. But like a lot of Americans, I was hopeful about his presidency.
Just as it took a Republican to thaw our relationship with China, it will probably take a Democrat to reform our entitlement programs. Again and again, Obama promised to step up to the challenge. Then he left the country at the altar and pursued partisan politics instead.
Bill Clinton was going to be the first Democratic president to tackle entitlement spending. Although the effort has been completely ignored by the establishment media, Clinton was planning historic reforms during his second term. These were to include private accounts under Social Security and vouchers for Medicare.
If that doesn’t knock your socks off, you haven’t been paying attention. When Republicans propose these things, Democrats invariably claim the GOP is trying to destroy the social safety net and leave the elderly to fend for themselves.
Clinton was serious. He had his Treasury Department draw up detailed plans. In fact, when Pat Moynihan, the colorful intellectual senator from New York, was appointed by President George W. Bush to co-chair the Social Security reform commission, the first thing he did was ask the Treasury to send him the Clinton-era planning documents so that the commission could continue where Clinton’s policy team left off.
So what derailed Bill Clinton’s ambitious reform agenda? Monica Lewinsky. Left wing Democrats in Congress threatened to throw him under the bus in the impeachment proceedings unless he completely dropped the reform ideas they regarded as heresy. Unfortunately for the country, he obliged.
The next opportunity came with Barack Obama. During the Democratic presidential primary in 2008, he was the only serious candidate who called for entitlement reform. Social Security, Medicare and Medicaid, he said, cannot continue on the path they are on. Of course, the left didn’t like hearing this any more than they liked what Bill Clinton was going to propose. Obama was excoriated by New York Times columnist Paul Krugman and was attacked in other liberal quarters as well.
John C. Goodman
John C. Goodman is president and founder of the National Center for Policy Analysis, research fellow at The Independent Institute, and author of the forthcoming book
Priceless: Curing the Healthcare Crisis. Goodman’s ideas on health policy can also be found
at his own blog, where he provides daily analysis and lively discussion on a wide range of health care topics.