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Thursday, September 08, 2005
Gov't. - The era of small government is over
"The era of small government is over. Sept. 11 challenged it. Katrina killed it." So writes David Wessel here in the free Wall Street Journal today. His column concludes:
The horror of New Orleans, the photos of Americans on rooftops waving "Help Us" signs, the squalor of the Louisiana Superdome and the convention center, the failure to heed well-publicized warnings about the inadequacy of the levees -- all are provoking loud attacks on local, state and federal governments. But those aren't cries for less government. Government spending over the next five years will be bigger, perhaps significantly bigger, because of Katrina and its aftereffects.That poses a formidable challenge to the president and Congress. Today's combination of small-government tax rates and big-government spending plans is pleasant and popular. It isn't sustainable.
Posted by Marcia Oddi on September 8, 2005 02:00 PM
Posted to General News