Friday, May 23, 2008

 

The Obama Administration

A second Carter administration?

Jeffrey Lord notes the similarities between Barak Obama's policy ideas and those of Jimmy Carter:
Tax cuts? Not for Obama. Military superiority? No, not for Obama. Do tax cuts work? Yes, as shown by Presidents Coolidge, Kennedy, Reagan and Bush 43. Military strength? Yes, decisively too. From Lincoln's Union Army to Teddy Roosevelt's Great White Fleet and his maxim to "talk softly and carry a big stick," from Wilson's Allied Expeditionary Force to FDR's vow to victory "so help us God" to Ronald Reagan's peace through strength, the idea of overwhelming military superiority works -- if the enemy believes you will use it. Or you actually use it.

But Obama, as with Carter, is having none of these approaches. From hiking Social Security payroll taxes to investing 20 percent less in defense budgets to telling Americans they had an "inordinate" fear of Communism, step by step Carter's policy selections and his decisions on the role of government led the American people down a dark and dangerous path that produced the worst economy since the Great Depression along with the Soviet invasion of Afghanistan and a beachhead in Central America with the Communist take-over of Nicaragua. When his policy towards Iran resulted in abandoning the Shah in favor of the extremist mullahs and the taking of American hostages, Carter's military was in such bad shape that American soldiers died in the Iranian desert during a miserably failed rescue attempt.

PERHAPS MORE ASTONISHING than his advocacy of a return to Carterism, Obama channels the Republican president to whom Carter was frequently compared -- Herbert Hoover. Obama is completely on board with protectionism, seemingly oblivious to the lessons of the Smoot-Hawley tariff that was a product of the Hoover administration in 1930. Upping the tariff on some 20,000 goods it is famous forever as the disastrous idea that deepened the severity of the Great Depression.
Lord also points out that these ideas are the product of a world view that has failed every time its been tried. Its a world view which is now dominant among Democrats. And the Intrade markets have the Democrats at 3-2 to control the House, the Senate and the Presidency.

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