expanded incomparably more than at any time since the 1930s. Unsurprisingly, President Clinton frequently cites Franklin Roosevelt’s government activism as his favorite model.
Originally billing himself as a “new” Democrat, Mr. Clinton has veered sharply left in his first hundred days. His economic package was first advertised as a means to boost economic growth and lower the deficit. It will achieve neither. Instead, it is a grandiose plan of social engineering and income redistribution. Unless Senator Dole and others can stop it, Clinton-ism’s leftward bent suggests that U.S. health care and tax policy will come more and more to resemble Europe’s, and thence so will our economic performance.
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