The EU

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Wednesday, February 29, 2012

Olympia Snowe Bows Out

Here is the take of Washington Post Columnist Ezra Klein on the announcement by Maine Senator Olympia Snowe that she will not seek reelection this year.

There is a nice graphic half way down the article, at the link.

My problem with the column is that it leaves no space for the possibility that there might be serious disagreements in the US Congress on how the economy works (Keynesian vs the Austrian School) and about how deeply the Federal Government should be involved in the lives of US citizens, vs help being managed by states, locally or by private charities.  Some of this can be smudged and compromised, but some of it cannot.  If you truly believe following the Keynesian approach of deficit spending to get us out of the current recession, you will think the idea that the problem is making the massive bad investments by Government and Industry go away is just plain foolishness, and, visa versa.  Because we are, in fact, compromising, we are getting the worst of both possible worlds.

Regards  —  Cliff

1 comment:

Anonymous said...

The Democrats have lost another one.......and the Republicans have gained by her loss.