Victor Davis Hanson: America Just Checked into Rehab
[Victor Davis Hanson is a classicist and historian at the Hoover Institution, Stanford University, and the author, most recently, of The Father of Us All: War and History, Ancient and Modern.]
On Tuesday, voters rejected President Obama’s attempt to remake America in the image of an imploding Europe — not just by overwhelmingly electing Republican candidates to the House, but by preferring dozens of maverick conservatives who ran against the establishment.
Why the near-historic rebuke? Out-of-control spending, unchecked borrowing, vast new entitlements, and unsustainable debt — all at a time of economic stagnation.
So what is next? Like the recovering addict who checks himself into rehab, a debt-addicted America just snapped out of its borrowing binge, is waking up with the shakes, and hopes there is still a chance of recovery.
It won’t be easy. Obama and his Democratic Congress ran up nearly $3 trillion in new debt in just 21 months — after running a disingenuous 2008 campaign that falsely promised to rein in the fiscal irresponsibility that had been rampant during the spendthrift Bush administration....
Read entire article at National Review
On Tuesday, voters rejected President Obama’s attempt to remake America in the image of an imploding Europe — not just by overwhelmingly electing Republican candidates to the House, but by preferring dozens of maverick conservatives who ran against the establishment.
Why the near-historic rebuke? Out-of-control spending, unchecked borrowing, vast new entitlements, and unsustainable debt — all at a time of economic stagnation.
So what is next? Like the recovering addict who checks himself into rehab, a debt-addicted America just snapped out of its borrowing binge, is waking up with the shakes, and hopes there is still a chance of recovery.
It won’t be easy. Obama and his Democratic Congress ran up nearly $3 trillion in new debt in just 21 months — after running a disingenuous 2008 campaign that falsely promised to rein in the fiscal irresponsibility that had been rampant during the spendthrift Bush administration....