Friday, July 15, 2011

Strassel: The Real GOP Debt Choice - WSJ.com

SUPERMARKET FOOD SUPPLY ANALOGY: Strassel: The Real GOP Debt Choice - WSJ.com


One can believe in miracles or reckon that past is prologue.

It's a 1930's replay where Obama and Roosevelt felt more government would cure the problem.

Think of what's going on as 2 kids on a teeter-totter. Over time, one (government) gets fatter and fatter. The other kid (private economy) tries to stay lean.

Pretty soon, the fat kid is always sitting on the ground.

A happy balance between government and the private sector hasn't been struck. There is too much government (including both spending and regulatory excess). It's unbalanced.

But, like kids addicted to too much fast food and sweets, the government doesn't see anything wrong.

In some ways, it's also like the kid who never saw where their food comes from on the farm. They just know it comes from the supermarket.

Obama and the Democrats seem like such a kid economically. They really don't know how growth works.

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