The first two paragraphs of a recent Salon Magazine piece by Michael Lind on Obama's plans for America's future are striking for the utter lack of any relationship whatsoever between them. The lack of cognitive dissonance between them is amazing but easily proves that liberals don't have the first idea what an economy is.
This Salon piece is proof once again of the stark difference between reality and the liberal mindset of slavish reliance on the concept of a Keynesian style of big government. If we could spend our way out of economic hard times, as Lind praises Obama for advocating, then why are we now having such hard times? The government already spends far, far more than it takes in, yet here we are talking about recession, even depression. If all we had to do was initiate wild spending projects to solve our problems, then we simply would not be in hard times. Yet, here is Salon and Lind praising Obama for announcing absurd, pork laden spending projects as if that will solve everything. It didn't work for the U.S.S.R. and it won't work for us (and, no, it didn't work for us in the past either. Look at FDR's utter failure to fix the Great Depression. We only came out of that when WWII came along).
Take a look at the aforementioned graphs:
Barack Obama is a man with a plan. On Dec. 6, the president-elect announced major parts of his plan to revitalize the American economy. He listed four priorities: "a massive effort to make public buildings more energy-efficient"; "the single largest new investment in our national infrastructure since the creation of the federal highway system in the 1950s"; "the most sweeping effort to modernize and upgrade school buildings that this country has ever seen"; and a program to "renew our information highway" by increasing broadband adoption, by schools and hospitals in particular.
Obama's priorities make excellent sense. After emergency measures to stabilize the economy, public investment aimed at accelerating U.S. economic growth should be domestic reform priority No. 1. That's because raising the rate of economic growth is the reform that makes all subsequent reforms easier. Accelerating the long-term growth of the productive economy will get us out of the recession faster, refill depleted federal, state and local government funding for public services sooner, and permit larger investments to be made with the same or lower tax rates in areas of needed reform like social insurance, energy and education. And the more rapidly the economy grows, the more quickly the colossal but necessary deficits the U.S. is now running up will melt away.
After reading these two opening sections, one must realize that there is little reason to read the rest of Lind's piece because of the fallacy that his first paragraph has anything whatever to do with the second. The logic connecting the two is so strikingly lacking that one might suspect that these two paragraphs were randomly snipped from completely different articles by two different writers.
Let's review what Lind says are Obama's priorities in the first paragraph in a simple bulleted list.
- a massive effort to make public buildings more energy-efficient
- the single largest new investment in our national infrastructure since the creation of the federal highway system in the 1950s
- the most sweeping effort to modernize and upgrade school buildings that this country has ever seen
- a program to renew our information highway
And what does Lind say of this list? He says it "makes excellent sense." He says that these program ideas are "aimed at accelerating U.S. economic growth” because that policy “should be domestic reform priority No. 1." Then he praises Obama because he is interested in "raising the rate of economic growth" and that this is the "reform that makes all subsequent reforms easier."
And the logical disconnect? Obama's pie-in-the-sky ideas that Lind lays out in paragraph one have little to do with "accelerating U.S. economic growth" as Lind claims they do in paragraph two. The plans Obama offered just don't have any bearing on economic growth in anything but the most tangential way.
Let's take them one at a time.
- a massive effort to make public buildings more energy-efficient
Sure, after this "massive effort" the government might find that it saves several cents a day on its electric bill. Sure that will add up to millions eventually. But would, as Lind lovingly believes, this little program accelerate U.S. economic growth? Hardly.
- the single largest new investment in our national infrastructure since the creation of the federal highway system in the 1950s
Sounds nice. But, what does it even mean? It's wonderfully vague. Still, even if we equate it to the national highway system that was built in the 50s, such an effort might not bear fruit for decades to come. Further, when the system of national highways was built there was nothing at all comparable to it and its creation was a major addition to our lives. What new project could be so amazingly transformational? And, even if there was such an idea that could approximate that sort of transformation, Obama didn’t offer it as the central idea in his “plan.” And once again, this Obama pronouncement has little bearing on improving our economy in a time when Lind's "emergency measures" were required.
- the most sweeping effort to modernize and upgrade school buildings that this country has ever seen
So, new buildings equate to well-informed students? Lincoln learned from the back of a shovel, as the saying goes. This obvious big government trope is meaningless. Sure it will be good to have nice schools, but again, how does this have anything at all to do with our current economic crisis? Nothing, of course.
- a program to renew our information highway
This one is an area that has economic import, but, it is not in the proper purview of government. The best thing government can do to spur the Internet is to stop over regulation and get out of the way of private business and the market place.
In the end, the most striking aspect of Lind’s two paragraphs is the utterly slavish belief in big government as the solution to all ills. Lind’s entire lack of logic even shoehorn’s “emergency” status onto actions that will obviously take decades to come to fruition not to mention the singular fact that Obama’s plan has a spurious connection to the economy to begin with.
The only thread that draws Lind’s two paragraphs together is the simple, near religious belief that big government is the cure all. So, since Obama is announcing giant, expensive, feels good programs, Lind assumes without any hesitation that it all serves to make us a better country which must, in his false logic, positively impact the economy.
The illogic boggles the mind.
(Photo credit: forthecause.us)



















Editor at Large
Comments Policy
Judging by the results of
December 12, 2008 - 05:32 ET by RR GOPJudging by the results of the last election, to most Americans he's right, it is.
People don't care how they get their entitlements just as long as they do.
The fact that the root of this mess is the result of Socialists in government making it so that people could get, in effect, subsidized homes/property is something that the typical Obamabot and our oh-so-enlightened Independents are too lazy to wrap their minds around...too complicated. If they don't get it in 30 seconds or less, forget it.
One of the 24% who thinks George W. Bush was a great President. One of the 89% who wants to bring back the stock and pillory.
Reminds me of the
December 12, 2008 - 05:49 ET by Warner Todd HustonReminds me of the old proverb:
In the case of the USA the 200 years part is not right on, but the rest sure seems apropos.
Love that quote
December 12, 2008 - 07:29 ET by AJBWouldn't call if a 'proverb', however. It was written by Alexander Tyler back in the 1700's. To finish it he goes on to describe the stages of democracy and freedom:
'The average age of the world's greatest civilizations from the beginning of history, has been about 200 years'
'During those 200 years, those nations always progressed through the following sequence:
1. From bondage to spiritual faith;
2. From spiritual faith to great courage;
3. From courage to liberty;
4. From liberty to abundance;
5. From abundance to complacency;
6. From complacency to apathy;
7. From apathy to dependence;
8. From dependence back into bondage'
Seems to me like we're in stage 7 going on 8... the peoples wants the gub'ment to gives them a big screen TV, a big ol' car and a nice house. What? Earn it? No way! I'm ENTITLED!
The reason I call it a
December 12, 2008 - 07:40 ET by Warner Todd HustonThe reason I call it a "proverb" is because no "Alexander Tyler" ever wrote such a thing. In FACT no one can pinpoint exactly where this proverb comes from as it doesn't start showing up in print until sometime in the 1950s.
Further, the so-called "finish" you describe was found years later by itself and was only then married to the fake claim of being from Alexander Tytler. (Yes, it's supposed to be spelled Tytler, not Tyler)
So, you are 100% wrong both that any "Tyler" wrote this and that the two sections are part of the same quote.
Like I said, it is a fine sentiment, but it is not properly attributable to anyone. That is why I call it a proverb.
update
December 12, 2008 - 07:43 ET by AJBI'm seeing his name as Tyler and Tytler ... see Wikipedia http://en.wikipedia....
From your own wikipedia
December 12, 2008 - 07:56 ET by Warner Todd HustonFrom your own wikipedia entry...
not disputing you...
December 12, 2008 - 08:18 ET by AJBThe first search I came up with showed Tyler. Then I found out his name really was Tytler. Then I saw the Snopes article. Its a learning experience... I still think the words ring true, no matter the source or the year written.
And now
December 12, 2008 - 08:48 ET by Warner Todd HustonAnd now you not only know why I called it a proverb, but we have arrived at agreement at last. Which takes us right back to my first post that started this.
The origin of that quote is
December 12, 2008 - 07:44 ET by motherbeltThe origin of that quote is unclear. It's also been attributed to Alexander de Toqueville.
Ah, I see Warner already answered you.
Conservatives are
December 12, 2008 - 07:47 ET by ahusserthe folks that mostly say no. The left always say yes, to everything. If you are a nation of spoiled children and want everything and anything now you will always go to the folks that say yes to everything. I think we are fast approaching the time when swaying the mob with our version of "bread and circuses" (this has always been the Democratic Party way from way back into the beginning of big city "machine" politics) will be the road to getting elected. From there a short hop skip and a jump to some kind of dictatorship and "Damn the consequences, full speed ahead (into the abyss)"
FYI (Unreviewed by me) A show on Andrew Jackson on Saturday night History Channel International. From my reading of the period a very similar election to our last one and shows the Dems have not changed much when it comes to corruption. I hope the show is factual and not too slanted.
Change: When the winds of change blow hard enough, the most trivial of things can become deadly projectiles. From a Poster
In other words, conservatives are...
December 12, 2008 - 10:04 ET by JohnMcGrew...the adults.
I don't think we've had many "adults" in Washington since the end of the Cold War.
Obama's plan only helps one group
December 12, 2008 - 06:00 ET by True_Soldierand that is the Union's. Who do you think will build all these new highways, upgrade buildings and schools. You guessed it union workers. Obama's plan is to fill the Union coffers so they can in turn fill his reelection coffer for 2012 end of story.
Good grief! His plan
December 12, 2008 - 07:16 ET by motherbeltGood grief! Talk about "magical thinking!"
And what the big H is "social insurance"????? Is that the new term for welfare?
Guarantee
December 12, 2008 - 07:52 ET by AJBYep... its the promise of something for nothing. Remember, those who rob Peter to pay Paul can always count on the support of Paul...
Charles Krauthammer today
December 12, 2008 - 07:31 ET by motherbeltCharles Krauthammer today has an amazing (as usual) column on Obama's plans to use this crisis as a vehicle for federal intervention in just about everything.
Unsure About Obama the Centrist
The money quote (emphasis mine):
As Obama revealingly said just last week, "this painful crisis also
provides us with an opportunity to transform our economy to improve the
lives of ordinary people." Transformation is his mission. Crisis
provides the opportunity. The election provides him the power.
RMD
December 12, 2008 - 08:29 ET by billbThis may not be the most convenient forum for this link, but hopefully some seniors will see it. It's a subject I've been harping on for 3 months.
http://money.cnn.com/2008/12/11/news/economy/seniors_RMD_break/index.htm?postversion=2008121118
I've always thought it simple insane...
December 12, 2008 - 10:13 ET by JohnMcGrew...that the government would litterally demand that people spend their retirement saving, even when they don't want to, or are otherwise behaving frugally.
But this is the insane power that they get to exercise over our every financial decision. And then people question why "special interests" spend so much money and energy to buy influence in Washington.
And in the same breath they
December 12, 2008 - 15:12 ET by billbAnd in the same breath they agonize over our low savings rate in the USA! If you tax cigarettes, people will stop smoking, if you tax labor, people will stop laboring and if you tax savings......
Failed President FDR
December 12, 2008 - 09:20 ET by 10ksnookerSaid the same thing. Most people believed the fairy tale, until they actually look at the history. Then you found the only thing that really went up was taxes, which went through the roof. The top marginal rate went from 25% to a confiscatory 94%. Unemployment rate, no change in 8 years, horribly high at the beginning, and at the end of 8 years.
That history is best summed up by the 1939 admission of FDR’s Treasury Secretary Henry Morgenthau, in which he said:
These gubbermint make-work programs have the same end point, the unemployment line.
Save a lot of time, wasted bailout money and grief for the nation ... move on!
Did you read?
December 12, 2008 - 10:16 ET by AJBBack in Grad School, I read a pamphlet by Milton Friedman that debunked 10 great economic myths. The ones that really stuck with me was that the Great Depression was caused by business. In truth, he documents that the gub'ment increased taxes and reduced the money supply in 1929 which devastated investment, which in turn caused what would have been a 'garden variety' recession (and which was for the rest of the world) into the Great Depression of the 30s. Then the Great Socialist, FDR, tried to buy our way out of it. It wasn't until WWII got the factories going that we came out of it. Government does not create wealth -- they just redistribute it to those who are most likely to keep them in power.