Mr. Obama talks the language of pragmatism, but his program has revealed a man of the left. He clearly views the financial crisis and the liberal majorities in Congress as a rare chance to advance the power of the state in American life. The only two comparable moments in the last century were 1965, which gave us the Great Society, and 1933, which bequeathed the New Deal. Mr. Obama's goals are at least as ambitious, resuming the march toward the European welfare state that was stopped by what Democrats like to call the Reagan detour.I can't believe so many people believe taxes on other people are going to pay for it all.
His main method here is to make the federal government the guarantor of middle-class security. He wants to make a college education a new entitlement, regardless of the cost. He wants state-financed health-care available to all, even if it means jamming a $1 trillion bill through the Senate with 51 votes. And he wants a cap-and-trade tax that would punish the main current sources of U.S. energy and hand Washington a vast new source of revenue.
Oh, and by the way, he also wants to fix the financial system, run the auto industry, and build a nationwide, high-speed rail network. And on the seventh day, he rested.
What's striking is that Mr. Obama betrays no sense that maybe all of this isn't achievable, much less affordable, all at once. In contrast to Bill Clinton, he has abandoned any deficit concern, building in red ink of at least 4% of GDP for the next decade. And that's assuming the revival of rapid economic growth, and before counting the real cost of health care...
Mr. Obama is more popular than his policies, and sooner or later the twain shall meet. For now, we are living in another era of unchecked liberal government. The reckoning will come when Americans discover how much it costs.