Monday, July 13, 2009

George Will Says To Prepare For Higher Taxes...

Subtitled: Emphasizing The Painfully Obvious When A Liberal Is In Charge

"ECONOMIC policy, which became startling when Washington began buying automobile companies, has become surreal now that disappointment with the results of the second stimulus is stirring talk about the need for a . . . second stimulus.

Elsewhere, it requires centuries to bleach mankind's memory; in Washington, 17 months suffice: In February 2008, President George W. Bush and Speaker Nancy Pelosi agreed that a $168 billion stimulus -- Stimulus I -- would be the "booster shot" the economy needed. Unemployment then was 4.8 percent.

In January, the administration said that unless another stimulus -- Stimulus II wound up involving $787 billion -- was passed immediately, unemployment, which then was 7.6 percent, would reach 9 percent by 2010. But halfway through 2009, the rate is 9.5. For the first time since the now 16-nation Eurozone was established in 1999, the unemployment rate in America is as high as it is in that region, which Americans once considered a cautionary lesson in the wages of sin, understood as excessive taxation and regulation.

Before embarking on Stimulus III, note that only about 10 percent of Stimulus II has yet been injected into the economy in 2009. This is not the administration's fault, the administration's defenders say, because government is cumbersome, sluggish and inefficient.

But this sunburst of insight comes as the administration toils to enlarge governmental control of health care, energy, finance, education, etc. The administration guesses that these government projects will do better than the Postal Service (its second-quarter loss, $1.9 billion, was 68 percent of its losses for all of 2008) and the government's railroad. (Amtrak has had 38 money-losing years.)"

And STILL the libs clamor for government health care. But how could this be, you ask?

Because, you see, their utopia is an enormous nanny state that will need a helluva lot more workers to fail as miserably as the post office or mass transit. And that means essentially two jobs worth having in all of America.

Government workers, and those on the dole. And disadvantaged whites need not apply for the latter as affirmative actions will make that all but impossible.

Welcome to your worst nightmare. EurAmerica but without alla them neat old castles.

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