Democratic Party Faces a Reckoning

November 2 is not just an election day. It is a day of reckoning.

The Democratic Party faces a reckoning for using the financial crisis as a pretext for a government takeover of the economy and for the exercise of raw, unchecked, arbitrary power. It faces a reckoning for spending trillions of dollars of money we haven't even earned yet on a wish-list of big-government programs and paybacks to the public employees' unions. It faces a reckoning for engineering the government takeover of whole industries and for expropriating the rights of bond-holders in order to favor the interests of unions. It faces a reckoning for acting as if there are no constitutional limits on government power, as if they can do anything they like to us so long as they tell us it's for the "general welfare."

The Democratic Party faces a reckoning for not being "shovel-ready"-for being effective only at preventing private economic activity-for enacting, in the first weeks of the new Congress, a stimulus bill that swiftly succeeded in bankrupting the country, but which failed to stimulate anything other than the bloated pensions of state employees and the six-figure incomes of federal bureaucrats.