Missing Bill
WASHINGTON
Our nation’s capital is filling with nouveau New
Dealers, social engineers, men and women with a glint in the eye.
All are anticipating the orgies. There is a stimulus bill of $787
billion, an appropriation bill of $410 billion, a housing bailout
bill of $275 billion, and the Prophet Obama’s colossal budget,
promising $3.55 trillion of expenditures (including a $634 billion
“down payment” on health care reform). My heart goes out to the
American taxpayer, of course, but, somewhat to my surprise, I
reserve a special sadness for former president Bill Clinton. In his
party he is a dinosaur. Today, as the Obamaists swarm through
Washington, the centrist from the 1990s must feel forlorn.
For years it has been his boast that he balanced the federal
budget and maintained vigorous economic growth. He expanded free
trade and, working bipartisanly with Republicans, reformed welfare.
People left the welfare rolls and took remunerative employment.
Usually federal spending hovers around 20 percent of GDP. In the
Clinton administration it dropped to 18.4 percent—the lowest level
since 1966. Bill said “the era of big government is over,” and he
meant it. Today his party has passed him by. Bill, can we now be
friends? I apologize for all my past rudeness, even the jokes. It
is a matter of public record that you have made friends with Dick
Scaife. Allow me to be next. Let us convene a conference. We could
explore market solutions to public problems and together we could
promulgate a manifesto on free trade. I shall bring some friends
from the Heritage Foundation and the Hoover Institution—PhDs.
Perhaps we can plot how to re-reform welfare after the Obama
administration shanghais the poor back into the welfare trap.
Under the Prophet, federal expenditures will soar to 27.7
percent of GDP. That is the highest rate of expenditure since 1945.
The deficit will hit $1.7 trillion this year and after a brief
decline rise above $700 billion. His budget contemplates a
recovery, but in 2010 spending will still be in the range of 24.1
percent of GDP. Moreover, he will raise taxes and cut the
military.
Though we are mired in a recession whose recovery is still in
doubt, the Obama administration is going to move on all fronts. As
his White House chief of staff, Rahm Emanuel, has said, “Never let
a serious crisis go to waste.” If you are suffering from the
recession you might find Emanuel’s line callous, but that is just
the way Democrats talk nowadays. Secretary of State Hillary Rodham
Clinton put it this way: “Never waste a good crisis.”
Both of these crisisists apparently believe there is something
systemic in the United States that needs to be radically changed.
Perhaps they think that the past 25 years of growth that began with
the Reagan administration and continued through the administration
of Emanuel’s former boss, Bill Clinton, was a failure. So working
simultaneously the Obama administration is going to fix the banking
crisis, the housing crisis, and the economic slowdown. That is not
all. It promises to usher in nationalized health care, nationalized
education, and a nationalized energy policy abundant with green
energy funded and regulated by the government.
With all of this hurly-burly going on I hope my new friend is
not going to suffer the blues. In less than four years his
presidency is going to be looked back on fondly by Democrats and
even by me. I think it is increasingly evident that Bill’s
Democratic successor is the most ill-prepared man to serve as
president in a long time. My mind goes back to President Abraham
Lincoln’s abrupt successor, Andrew Johnson. Mr. Obama’s problems in
staffing his government suggest as much, as does the low quality of
many of his nominees, at least the nominees who were not dropped
for tax irregularities or for being under grand jury investigation.
Secretary of the Treasury Timothy Geithner looks and sounds like an
undergraduate. His colleague Peter Orszag is hardly better. In the
months ahead we shall see what other duds the president has brought
aboard.
So cheer up, Bill. Your legacy is going to look fine, save for
that unmentionable run-in with what was her name again? Already
things are turning against the Prophet. Just the other day Howard
Fineman, writing on the Newsweek website, noted that “the
American establishment is taking his [the president’s] measure and,
with surprising swiftness, they are finding him lacking.” Bill,
let’s have a beer.
Progress Thwarted
WASHINGTON
VINDICATION IS SWEET! During last summer’s Olympics, I wrote in
this space that the high-tech swimming suits worn by competitive
swimmers in the events and manufactured by Speedo with the
assistance of NASA scientists were irrelevant to sport and destined
for further controversy.
In fact, I argued that the suits, known as the Speedo LZR Racer,
were as inappropriate for competitive swimming as wearing swim fins
in the pool. Now a rising chorus of swimming coaches and
competitors seems to agree.
The LZRs are made of high-tech material. They cover a
competitor’s body from shoulders to ankles. The material allows the
body to float higher in the water. It also offers less resistance
to the water than human skin, allowing those who encase themselves
in it to glide through the water faster. Consequently, in
championships everyone wants to wear an LZR. Those who do obviously
have an unfair advantage over those who, for whatever reason, do
not. Not surprisingly, since the arrival of the LZR the incidence
of world records has increased—though this does not mean that
today’s champions in their high-tech suits are really faster than
pre-high-tech swimmers.
In fact, the use of the high-tech suits by Michael Phelps last
summer casts doubt on the claim that his performance was greater
than that of Mark Spitz in 1972. Phelps won eight golds, one more
than Spitz. But Spitz, wearing a pre-tech suit best described as a
brief, set world records in every event he won.
JimCap| 5.18.09 @ 7:25PM
Oh Emmett,
How pathetic can you be? You are the man for whom nothing, absolutely nothing, was off-limits as you spent most of the nineties trying to destroy the presidency of William Jefferson Clinton.
Attacks of any kind were fair game in your book. You even encouraged the rumors that "the Clintons" were literally guilty of murder. Murder! (Why didn't you just go for child molestation while you were at it, huh?)
And now, all these years later, you're recognizing what so many said at the time: Bill Clinton was a very moderate/centrist type, doing the bidding of corporations while relying on Dick Morris for re-election.
And now, you're begging him, hat in hand, to meet for a beer after work? Didn't your mother tell you that groveling is a very unattractive quality?
After the vile and mendacious things you said about Bill and Hillary Clinton, they still might be willing to forgive you. But I wouldn't hold my breath, while I was down on my knees, if I were you, Emmett.