Dr. Milton R. Wolf writes:
Liberalism is dying before our eyes, not with a whimper or a bang, but with a grand unbathed and so apropos whine-fest. The central tenets of statism are in free-fall, and its beneficiaries, namely those who live off the fruits of other people’s labor, are in a panic for one last round of government handouts before they completely bankrupt the nation. . . .
The failed Obama presidency . . . is just the beginning. The most liberal president in history, with an assist from his predecessor, has unmasked the structural flaws of liberalism itself. All told, nearly $5 trillion of government bailouts and stimulus spending between the two presidents failed to rescue our economy. Their $5 trillion bought the most expensive lesson in human history: Government cannot create wealth, and an overtaxed and overregulated private sector can’t, either.
Milton R. Wolf is a second cousin of Barack Obama. Wolf blogs at miltonwolf.com.