The Corner

Stimulus and Other Euphemisms

The old Democratic strategy of playing the adolescent and leaving it to the Republicans to make the tough cuts, while they demagogue deficit reduction as cruelly pushing grandmother over the cliff — with ample reference to the “Bush did it” boilerplate and the subtle use of the race card — was irresponsible. But it was better than the current notion of borrowing yet another round of hundreds of billions more to “stimulate” the moribund economy — an idiotic idea doomed to fail.

The situation reminds me of the drug addict who cannot go on with his daily dose and yet cannot stomach the symptoms of withdrawal, and so gives up and goes back to regular fix, determined to enjoy the hospital ride to the emergency room.

Two thoughts: One, the latest Democratic idea of borrowing even more money is de facto proof that all the bailouts, borrowing, vast increases in unemployment and food-stamp monies, Obamacare, etc., have done nothing but terrify employers, who are holding off buying and hiring. And, second, when one adds in the National Labor Relations Board roguery, the presidential quips about the wealthy, the Chrysler creditor mess, the nonstop spread-the-wealth, already-made-enough-money demonization of those who make over $200,000, etc., we are witnessing a sort of psychological stasis in which millions of employers are shrugging and collectively sighing, “I think I’ll pass until this crazy outfit is out of here.”

The only mystery is, when the nearly 50 million Americans now on food stamps swells to 100 million, will we still call them “food stamps”?

Most Popular


The Democrats Made Two Joe Biden Miscalculations

I think it's safe to say that there are many, many progressive Democrats who are more than a little surprised -- and a lot chagrined -- at Joe Biden's polling dominance. Look at FiveThirtyEight's polling roundup. Aside from a few high and low outliers, he leads the race by a solid 20 points (at least). Even ... Read More

Our Modern Satyricon

Sometime around a.d. 60, in the age of Emperor Nero, a Roman court insider named Gaius Petronius wrote a satirical Latin novel, The Satyricon, about moral corruption in Imperial Rome. The novel’s general landscape was Rome’s transition from an agrarian republic to a globalized multicultural ... Read More