4.11.12

FOURTH TURNING ALERT.

London Telegraph commentator Tim Stanley has an elegy for the New Deal.
There was a significant moment in the second debate when a citizen asked Romney how he would distinguish himself from George W Bush. Romney said, “President Bush and I are different people, and these are different times.” He cited differences over aid to small business, balancing the budget, energy policy and relations with China. Remarkably, Obama then jumped in to defend Bush. “George Bush didn't propose turning Medicare into a voucher," the Prez said. "George Bush embraced comprehensive immigration reform … George Bush never suggested that we eliminate funding for Planned Parenthood.”
In the commentator's view, the Republican ticket represents a recognition that the New Deal, Vital Progressive Center is unsustainable. That's probably true, as most of what people point to as the successes of Good Government in the aftermath of World War II are the peace dividend earned by the destruction of the productive capacity of much of the developed world during that war.

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