Big Government: FAIL, Part 1

Last fall Bush Treasury Secretary Paulson told us the financial industry was failing and passing TARP was going to fix it.  Today banks are steadily failing and the FDIC is going broke.

Last winter Obama and the Democrats came to power and they said people were losing their homes.  They said passing Making Home Affordable would fix it.  Today the foreclosures haven’t stopped and the number of people losing their homes continues to rise.

In the spring of this year as the poor state of the economy came into focus, Obama and the Democratic congress passed a so-called stimulus package meant to boost the economy and keep the unemployment rate below 8%.  Today the economy is set to shrink 2.8 percent this year (1.6 percent greater than expected) and unemployment will surpass 10%.

By all reasonable measures these big government efforts have failed to deliver, but the American people are stuck with the $1,500,000,000,000 ($1.5 TRILLION) price tag.

Because of this failure to deliver it should be no surprise to the politicians in power that their plans for healthcare, cap and trade, and card check are being met with resistance by the citizens of this country.

I believe that most Americans are instinctually skeptical of big government.  However, in times of apparent crisis this skepticism yields to the desire for government action.  In the past year we’ve repeatedly yielded to government action and yet the crisis continues to deepen.  The people are seeing the government failures, and they are not happy.  Their skepticism has come back with a vengeance.

This isn’t just a problem at the national level.  All levels of government will be facing serious challenges in the next few years.  How the elected leaders choose to use government to meet these challenges will set the political tone of this country for the next several years.  The voters are watching.  The margin for error is slim.