Tuesday, July 7, 2009

The Reverse Reagan

That is what columnist Fred Hiatt is saying about "The One."

Since the Reagan era, some conservatives have hoped to shrink government by "starving the beast." Refuse to raise taxes, they figured, and eventually spending would have to fall.

It's beginning to look as though the new team may have a similar strategy, in reverse: Increase spending, and eventually taxes will have to be raised.

...The bottom line is this: You cannot run a progressive government of the kind Obama favors by collecting only 18 percent of the gross domestic product in taxes, which has been the norm over the past 40 years. Nor can you increase the tax take to 24.5 percent of GDP -- which is what Obama proposes to be spending in 2019 -- simply by making the rich pay more.

But rather than level with the American people about this, or lay out a plan to raise the needed taxes, the Obama administration and the Democratic Congress are putting the spending pieces of progressive government in place and apparently counting on the tax piece to fall into place later.

Hot Air has more.

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