Thomas Sowell

They say that those who do not remember the past are doomed to repeat it. Those who vote for Walter Mondale may have to repeat the past with one of the very relics of that past.

Big spending, big taxing, welfare-state liberalism, neglecting national defense, and appointing judges chosen for their willingness to impose the liberal agenda from the bench, are the kinds of things that still define Walter Mondale.

Throw in class warfare rhetoric and scare tactics about Social Security and you have the perfect back-to-the-future candidate. He has learned nothing and forgotten nothing.

Mondale's position on Social Security is classic liberal distrust of people and faith in government. Allowing individuals to put part of their Social Security contributions into private pension plans would enable them to get higher rates of return, pass on their assets to their heirs, and -- above all -- take that much of their money out of the hands of big-spending politicians.

Mondale's response to this was that the stock market is going down. Put aside the fact that the stock market has started going up again, as the economy as a whole has started back up again. Even if someone who had invested pension money over the past 20 or 30 years in mutual funds had retired when the market was down, he could still get more than Social Security pays.

Several years of successful experience, such as Norm Coleman has had as mayor of St. Paul, trumps decades of experience in getting things wrong, as Walter Mondale has done in Washington.

Thomas Sowell

Thomas Sowell is a senior fellow at the Hoover Institute and author of The Housing Boom and Bust.

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