Wednesday, March 24, 2010

The end of The Age Of Reagan? Bring it!

A 'recommended read' in the NYTimes

For all the political and economic uncertainties about health reform, at least one thing seems clear: The bill that President Obama signed on Tuesday is the federal government’s biggest attack on economic inequality since inequality began rising more than three decades ago.

Nearly every major aspect of the health bill pushes in the other direction. This fact helps explain why Mr. Obama was willing to spend so much political capital on the issue, even though it did not appear to be his top priority as a presidential candidate. Beyond the health reform’s effect on the medical system, it is the centerpiece of his deliberate effort to end what historians have called the age of Reagan.

"The Age Of Reagan": Weak government lets the Robber Barons roll. It's the American Way!

It's way past time to end it.

Before he became Mr. Obama’s top economic adviser, Lawrence Summers told me a story about helping his daughter study for her Advanced Placement exam in American history. While doing so, Mr. Summers realized that the federal government had not passed major social legislation in decades. There was the frenzy of the New Deal, followed by the G.I. Bill, the Interstate Highway System, civil rights and Medicare — and then nothing worth its own section in the history books.

Now there is.

It bears repeating: "...the New Deal, followed by the G.I. Bill, the Interstate Highway System, civil rights and Medicare — and then nothing..."

The four out of the five that came in under Democrats helped people. The Repug one lets us drive to the poorhouse really fast. Or at least without traffic lights.

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