Waxing Nostalgic for a Divided Government

http://bit.ly/8aOXWF

A great piece by David Boaz of the Cato Institute. He goes through Spending, Free Trade, Regulation and Welfare detailing Bubba's, W's and Obama's approaches.

Mr. Boaz finds himself feeling nostalgic for Bubba.

"...But now I have a hazy memory of the Clinton years as a sort of Golden Age...Of course, what I'm really nostalgic for is divided government. In his first two years, with a Democratic Congress, Mr. Clinton supported a health care takeover, an economic stimulus bill, an energy tax, an income-tax increase, a gasoline-tax increase, and even a retroactive tax increase on income earned before he was president. Though most of that never made it to his signing desk, it was still a bigger government agenda than votes had expected from a guy who called himself "a new kind of Democrat." So voters kicked the Democrats out of Congress. President Clinton grudgingly proclaimed that "the era of big government is over."

Bubba really missed that mark on that one didn't he?

I am an Anarcho-Capitalist but I am also a realist. I know that Big Brother will always be with us, so my dream is always for a divided government. Hopefully this November, my dream will come true again.

Comments

  1. I agree with you. The Clinton/Gingrich era really did reduce regulation, taxes, welfare benefits, trade barriers, etc. Almost as good as the Reagan/O'Niel era.

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  2. One day I looked up Bill Clinton and GWB on wikipedia. I looked at the different bills they both signed and GWBs list dwarfed Bubbas. I'm going to check President Reagans tomorrow. The main thing I remember about President Reagan was him cutting the top tax rate from 70% to 50% and then to 28%, I think that's right. Then Bush the Elder came in an raised it to 31% after the "read my lips" thing. Bubba took it to 37%, I think, and GWB dropped it to the current 35%. Can you imagine a tax rate of 70%?!? That's ridiculous.

    Thanks for commenting!

    Down with Big Brother!

    ReplyDelete

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