Free Republic

When Barack Obama takes office on Tuesday, his first order of business will be a stimulus package estimated to be close to $1 trillion, including $300 million in tax cuts and the largest new government spending program for infrastructure since Franklin Delano Roosevelt. Sages nod that replicating aspects of FDR's New Deal will help pull the country out of a recession. But the experience under FDR largely provides a cautionary tale. Mr. Obama's policy plans are driven by the conventional economic wisdom that the New Deal economic programs ended the Great Depression. Not so. In fact, thanks to New Deal...

The era of big government is officially back. How do you like that? Fourteen years, almost to the day, from Bill Clinton's pronouncement that the "era of big government is over," we are scheduled to be delivered from the current economic morass by a new administration promising newer schools, better roads, and, of all things, faster internet service. Presumably Barack Hussein Obama's administration will take a pass on making all of our children taller and our hair healthier. Not that the era of big government ever really ended (it has grown tremendously since 9/11), but at least no one was...