I don't claim absolute certainty about what the world will be like in 2023, but I know what our governing class is telling us. At Tufts University, Nancy Pelosi urged her "Republican friends" to "take back your party, so that it doesn't matter so much who wins the election – because we have shared values about the education of our children, the growth of our economy, how we defend our country, our security and civil liberties, how we respect our seniors. Elections shouldn't matter as much as they do."
The last line attracted a bit of attention, but the "shared values" - i.e., the fetid bromides of conventional wisdom – are worth decoding, too: "Education of our children" means more spending on an abusive and wasteful unionized educrat monopoly; "growth of our economy" means more spending on stimulus funding for community-organizer grant applications; "how we defend our country" means more spending on defense welfare for wealthy allies; "our security and civil liberties" means more spending on legions of crack TSA crotch fondlers; "how we respect our seniors" means more spending on entitlements for an ever more dependent citizenry whose sense of entitlement endures long after the entitlement has ceased to make any sense.
Nancy Pelosi fleshed out the Obama plan: More spending. More more. Now and forever. That's what S&P understands. The road to hell is paved with stimulus funding. |