Let’s just forget about the HUGE hiatus I took from posting. College life is so whirlwind, but it seems like now that it is getting darker earlier and the Winter is setting in I have MUCH more time to write. So let’s dive right back in…
There was a really great opinion piece – The Europeanization of America – in the Wall Street Journal (very short too for those busy readers out there) which essentially highlights seven reasons to be wary of an Obama presidency. It obviously has a conservative tinge and takes for granted that many of Obama’s policies will actually be affected (something I take issue with because I hardly think America’s financial position makes many of them plausible) but the points are intriguing nevertheless. I give credit to Pete Du Pont.
- The U.S. military will withdraw from Iraq quickly and substantially, regardless of conditions on the ground or the obvious consequence of emboldening terrorists there and around the globe.
- Protectionism will become our national trade policy; free trade agreements with other nations will be reduced and limited.
- Income taxes will rise on middle- and upper-income people and businesses, and individuals will pay much higher Social Security taxes, all to carry out the new president’s goals of “spreading the wealth around.”
- Federal government spending will substantially increase. The new Obama proposals come to more than $300 billion annually, for education, health care, energy, environmental and many other programs, in addition to whatever is needed to meet our economic challenges. Mr. Obama proposes more than a 10% annual spending growth increase, considerably higher than under the first President Bush (6.7%), Bill Clinton (3.3%) or George W. Bush (6.4%).
- Federal regulation of the economy will expand, on everything from financial management companies to electricity generation and personal energy use.
- The power of labor unions will substantially increase, beginning with repeal of secret ballot voting to decide on union representation.
- Free speech will be curtailed through the reimposition of the Fairness Doctrine to limit the conservative talk radio that so irritates the liberal establishment
Even if you take dispute (and I do) with how likely Mr. Du Pont portrays the implementation of these policies, it is undeniable that these are all legitimate goals that Obama sympathizes with and would be open to pursuing assuming all were politically practical. This alone should be troubling for those who support the notion of limited government – those that recognize that freedom over equality leads to a high degree of both, while equality over freedom leads to neither.