“Obama’s Domestic Agenda Gains Clarity”

That is the headline of a Peggy Noonan article in the WSJ, April 4-5, 2009

Here are two quotes from it.

From Bloomberg News this week: “The U.S. government and the Federal Reserve have spent or lent or committed $12.8 trillion” in new pledges. This, they note, is almost the value of everything the United States produced last year. The price tag comes to $42,105 for every man, woman and child in the U.S.

In RealClearPolitics.com Tom Coburn wrote: “I believe President Obama has proposed the most significant shift toward collectivism and away from capitalism inthe history of our republic. I believe his budget aspires to not merely promote economic recovery but to lay the groundwork for sweeping expansion of government authority in areas like health care, energy and even daily commerce. If handled poorly, I’m concerned this budget could turn our government into the world’s largest health care provider, mortgage bank or car dealership, among other things.”

Stuart Varney, a host on the Fox Business Channel, wrote: “After 35 years in America, (he’s from Great Britain), I never thought I would see this. I still can’t quite believe we will sit by as this crisis is used to hand control of our economy over to government. But here we are, on the brink. Clearly, I have been naive.”

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One Response

  1. I don’t see how conservative commentator’s opinions about things Obama has not done yet lends clarity to his domestic agenda.

    Strip away the opinion, and here is what we do know. The federal government, under both Bush 43 and Obama, has committed trillions of dollars to address the credit freeze and attendant economic recession. That is a fact.

    I think it is safe to say that a lot of people, myself included, find the magnitude of the intervention jaw-dropping.

    But whether this portends some semi-permanent new relationship between government and the private sector is speculation. It could be; it also could not be. Obama’s words contradict the speculation of Peggy Noonan and the others, to some degree: he consistently has reiterated his commitment to steep deficit drops in the remaining years of his term, for example.

    As a political independent, I try not to put too much stock in the attacks of those with opposing political views.

    http://thecentersquare.wordpress.com/

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