Living and laughing with a disability - cerebral palsy; ordinary life, extraordinary circumstances.

Saturday, February 07, 2009

Are we socialists now?

Interesting thought. Expanding government as the economy shrinks? Spending more money to fix problems caused by spending too much money. Will it work?

We Are All Socialists Now | Newsweek Business | "The Obama administration is caught in a paradox. It must borrow and spend to fix a crisis created by too much borrowing and spending. Having pumped the economy up with a stimulus, the president will have to cut the growth of entitlement spending by holding down health care and retirement costs and still invest in ways that will produce long-term growth. Obama talks of the need for smart government. To get the balance between America and France right, the new president will need all the smarts he can summon."

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