Only government can break the vicious cycles that are crippling our economy—where a lack of spending leads to lost jobs which leads to even less spending; where an inability to lend and borrow stops growth and leads to even less credit.To parlay this crass intervention, progressive blogger John Amato writes at Crooks and Liars that the era of the "anti-government" mantra is over:
Good government is crucial in restoring this country to prosperity and as we have all witnessed, conservatism has indeed unleashed its destructive influence over every part of our society.Sorry to not run with open arms into the "pro-government" aura there, Mr. Amato, but the last 30 years have seen the federal government turn our once great inner cities into war zones through misguided policies, run up an obscene national debt plus $50 Trillion in unfunded future entitlements, and scandal after scandal of politicians in the highest ranks of government. Can you blame the skeptics or the majority of Americans who think the federal government is doing a rotten job at managing and leading our nation? Is there any reason to believe that subsidizing the "zombie" banks by printing more money is going to work? Obama might talk a lot about "change", but the 111th Congress that decides on how money is spent is already off to a pretty shaky start. $3.5M in taxpayer money to celebrate St Augustine, FL 450th birthday might be a part of this economic stimulus. And, if it's not on the President's desk Jan. 21st, "More Dreams Will Be Deferred and Denied" according to our savior.