President Barack Obama, on Tuesday night, gave his first presidential address before Congress. He looked good, sounded great, and delivered his address with poise and confidence. He entered the Capitol and made his way through the applauding throng like a modern-day Moses slowly parting the Red Sea.
The moment was certainly historic, and all Americans -- or at least nearly all Americans -- took pride in living in a country that went from a Constitution that defined a black as three-fifths of a person to one where a black person could be elected President of the United States. Some journey!
But when the applause died down, the President took out a scattergun and attempted to hit everything in sight. He confidently asserted his and our intention to overcome the current economic downturn and march toward an even brighter future.
How? Government/taxpayers will spend our way to the summit.
He/Congress/we will "invest" in health care and education; "save or create" 3.5 million jobs; "cure cancer within our lifetime"; provide assistance to the states; "save our planet from the ravages of climate change"; save banks and other financial institutions while holding "accountable those responsible" for their problems; increase the size of the military; end torture (presumably he meant of our enemies); and cut the size of the deficit.
What?! Nothing about crafting a college football playoff?
After the President's speech, the political commentators fell over themselves in complimenting the President. Many said things like "he aimed high," "he set out an ambitious agenda," and "he outlined a vigorous list of expected accomplishments."
Economist Thomas Sowell uses a three-pronged test to examine government's "new ideas." 1) How much will it cost? 2) Who pays? 3) Will it work? Few of the post-speech analysts seemed to care.
One waited in vain for the political experts to point out that the President's spending spree must come from somewhere -- taxes or borrowing or printing.
And, as an aside, how would the press have reacted had former President George W. Bush claimed -- as did Obama -- that America "invented the automobile"?
Suppose Bush steered a shopping cart down the aisle, packed it with everything in sight that he could grab, pushed it to the cashier, and then said, "You mean I gotta pay?"
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