The stimulus bill has failed. Barack Obama has failed. The Trojan Horse of Hope and Change crashed into the guardrail of reality, revealing an army of ideologues and activists inside.
The economic crisis was almost too good to be true. Like FDR and Lyndon Johnson, Obama was poised to act on Rahm’s Rule of Crisis Exploitation in a way that would not only guarantee a newer New Deal and an even greater Great Society, but would also receive bipartisan approval. That’s why Obama wanted so much GOP support—so as to ratify the left turn to European-style social democracy, particularly when voters cottoned on to the con.
But that didn’t happen. Obama and his party were undone by their hubris. There was just too much muchness in the bill. The once impressive support from conservative economists evaporated. Right-wing radio has been having one long tailgate party celebrating Obama’s overreach. According to the polls, voters are souring on the whole thing. Republicans finally discovered testicular fortitude—and they seem to like it.
There is still probably bipartisan support for a stimulus bill, but only for a measure intended to stimulate our market-based economy rather than one that hastens its Swedenization.
Again, Obama’s presidency has many victories ahead of it, and Democrats still run the show. But the perfect storm of liberalism has dissipated to mere scattered showers.
Friday, February 06, 2009
I hope Jonah Goldberg is right.