Friday, June 17, 2011

Obama's Fossilized Concepts

By Victor Davis Hanson
Investor's Business Daily
June 16, 2011

Barack Obama is the most reactionary president in the recent history of the United States. He seems intent on turning back the clock to the good old days of the 1960s and 1970s, when rigid political orthodoxy, not an open mind, once guided government.

Take the economy. The 1980s implosion of communism in Eastern Europe and the former Soviet Union proved that state control of the means of production guaranteed poverty and worse. The current insolvent and fragmenting European Union, and the stagnant economics of the exploding Middle East, remind us that state socialism does not work.

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