Posts Tagged ‘Great Society’
October 26th, 2012 at 2:47 pm
Obama and America’s Historic Poverty Rate

Byron York says when it comes to talking about America’s historically high poverty rate, “Barack Obama ignores the issue when it comes time to campaign. A sky-high poverty rate doesn’t fit his theme that things are getting better. So he doesn’t talk about it.”

“But the problem is still there. According to the Census Bureau, the poverty rate has gone from 12.5 percent in 2007 to 13.2 percent in 2008 to 14.3 percent in 2009 to 15.1 percent in 2010 to 15.0 percent in 2011. The last time it was higher than 15.1 percent was in 1965, when the nation’s anti-poverty programs were just taking effect.”

For all his pretensions about being the next FDR, it looks like President Obama’s tenure could signal the death knell for LBJ’s expensive and failed Great Society.

December 4th, 2010 at 12:52 am
Obama Debt Commission Teeing Up Reform of Great Society?

Yuval Levin notices an interesting trend in the various plans coming out of the Obama Debt Commission.  When the proposals are added together there seems to be a consensus building towards overhauling federal healthcare entitlement spending.  If done correctly, it could be a moment for conservatives to inject market principles like choice and opportunity into the system.

There is growing agreement in American politics that the challenge of our time is cleaning up the horrible mess created by the Great Society—the mess that is our approach to domestic discretionary spending but above all the mess that is our health-care entitlement system. That is the essence of our debt and deficit problems.

The question is whether we can deal with that mess by keeping the basic structure of the Great Society entitlements while trimming significantly elsewhere and massively raising taxes, or whether we must deal with it by fundamentally reforming those Great Society entitlements while trimming significantly elsewhere and spreading the tax burden more widely but less heavily to encourage growth and innovation. The latter is fairly obviously the answer to that question—given demographic and economic realities, and given the kind of country the American public wants to live in—but it will take a little time before that really sinks in. It is a very good thing, though, that the question is now being asked.

Reforming (or rather, transforming) the Great Society into a fiscally sustainable, free market-guided, consumer-driven system would be the kind of bipartisan project worthy of the era President Barack Obama and his congressional counterparts find themselves.  Solving that puzzle would establish the president’s sought for legacy while enacting the kind of policy changes the Rep. Paul Ryan (R-WI) and other conservative intellectuals champion.

H/T: National Review Online

November 10th, 2010 at 12:27 pm
Most Voters Want Investigations Into Cost of ObamaCare

A new Rasmussen Reports poll shows that most voters want the new House Republican majority to investigate the spending impact of ObamaCare.  The survey found that 55% of respondents support a close look at the costs and implications of the health care “reform” bill jammed through Congress earlier this year.

With the tentacles of ObamaCare reaching far beyond the purview of “health” don’t be surprised if House committees like Budget, Oversight and Government Reform, and even Commerce (among others) open investigations into the most drastic government power grab since LBJ’s Great Society.