Here is an excerpt:
"If you went back to the end of the 19th century and suggested to, say, William McKinley that one day Americans would find themselves choosing between a candidate promising to guarantee your mortgage and a candidate promising to give "tax cuts" to millions of people who pay no taxes he would scoff at you for concocting some patently absurd H.G. Wells dystopian fantasy. Yet it happened. Slowly, remorselessly, government metastasized to the point where it now seems entirely normal for Peggy Joseph of Sarasota, Fla., to vote for Obama because "I won't have to worry about putting gas in my car. I won't have to worry about paying my mortgage."
While few electorates consciously choose to leap left, a couple more steps every election, and eventually societies reach a tipping point. In much of the West, it's government health care. It changes the relationship between state and citizen into something closer to pusher and junkie. Henceforth, elections are fought over which party is proposing the shiniest government bauble: If you think President-elect Obama's promise of federally subsidized day care was a relatively peripheral part of his platform, in Canada in the election before last it was the dominant issue. Yet America may be approaching its tipping point even more directly. In political terms, the message of the gazillion-dollar bipartisan bailout was a simple one: "Individual responsibility" and "self-reliance" are for chumps. If Goldman Sachs and AIG and Bear Stearns are getting government checks to "stay in their homes" (and boardrooms, and luxury corporate retreats), why shouldn't Peggy Joseph?
I don't need Barack Obama's help to "spread the wealth around." I spread my wealth around every time I hire somebody, expand my business, or just go to the general store and buy a quart of milk and loaf of bread. As far as I know, only one bloated plutocrat declines to spread his wealth around, and that's Scrooge McDuck, whose principal activity in Disney cartoons was getting into his little bulldozer and plowing back and forth over a mountain of warehoused gold and silver coins. Don't know where he is these days. On the board at Halliburton, no doubt. But most of the beleaguered band of American capitalists do not warehouse their wealth in McDuck fashion. It's not a choice between hoarding and spreading, but a choice between who spreads it best: an individual free to make his own decisions about investment and spending, or Barney Frank. I don't find that a difficult question to answer. More to the point, put Barney & Co. in charge of the spreading, and there'll be a lot less to spread.
I disagree with my fellow conservatives who think the Obama-Pelosi-Reid-Frank liberal behemoth will so obviously screw up that they'll be routed in two or four years' time. The president-elect's so-called "tax cut" will absolve 48 percent of Americans from paying any federal income tax at all, while those who are left will pay more. Just under half the population will be, as Daniel Henninger pointed out in The Wall Street Journal, on the dole.
By 2012, it will be more than half on the dole, and this will be an electorate where the majority of the electorate will be able to vote itself more lollipops from the minority of their compatriots still dumb enough to prioritize self-reliance, dynamism and innovation over the sedating cocoon of the Nanny State. That is the death of the American idea – which, after all, began as an economic argument: "No taxation without representation" is a great rallying cry. "No representation without taxation" has less mass appeal. For how do you tell an electorate living high off the entitlement hog that it's unsustainable, and you've got to give some of it back?""
Sunday, November 9, 2008
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