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April 9, 2014

Jonathan Tobin: Why Did Kerry Lie About Israeli Blame?

Samuel G. Freedman: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Jessica Ivins: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Kim Giles: Asking for help is not weakness

Kathy Kristof and Barbara Hoch Marcus: 7 Great Growth Israeli Stocks

Matthew Mientka: How Beans, Peas, And Chickpeas Cleanse Bad Cholesterol and Lowers Risk of Heart Disease

Sabrina Bachai: 5 At-Home Treatments For Headaches

The Kosher Gourmet by Daniel Neman Have yourself a matzo ball: The secrets bubby never told you and recipes she could have never imagined

April 8, 2014

Lori Nawyn: At Your Wit's End and Back: Finding Peace

Susan B. Garland and Rachel L. Sheedy: Strategies Married Couples Can Use to Boost Benefits

David Muhlbaum: Smart Tax Deductions Non-Itemizers Can Claim

Jill Weisenberger, M.S., R.D.N., C.D.E : Before You Lose Your Mental Edge

Dana Dovey: Coffee Drinkers Rejoice! Your Cup Of Joe Can Prevent Death From Liver Disease

Chris Weller: Electric 'Thinking Cap' Puts Your Brain Power Into High Gear

The Kosher Gourmet by Marlene Parrish A gift of hazelnuts keeps giving --- for a variety of nutty recipes: Entree, side, soup, dessert

April 4, 2014

Rabbi David Gutterman: The Word for Nothing Means Everything

Charles Krauthammer: Kerry's folly, Chapter 3

Amy Peterson: A life of love: How to build lasting relationships with your children

John Ericson: Older Women: Save Your Heart, Prevent Stroke Don't Drink Diet

John Ericson: Why 50 million Americans will still have spring allergies after taking meds

Cameron Huddleston: Best and Worst Buys of April 2014

Stacy Rapacon: Great Mutual Funds for Young Investors

Sarah Boesveld: Teacher keeps promise to mail thousands of former students letters written by their past selves

The Kosher Gourmet by Sharon Thompson Anyone can make a salad, you say. But can they make a great salad? (SECRETS, TESTED TECHNIQUES + 4 RECIPES, INCLUDING DRESSINGS)

April 2, 2014

Paul Greenberg: Death and joy in the spring

Dan Barry: Should South Carolina Jews be forced to maintain this chimney built by Germans serving the Nazis?

Mayra Bitsko: Save me! An alien took over my child's personality

Frank Clayton: Get happy: 20 scientifically proven happiness activities

Susan Scutti: It's Genetic! Obesity and the 'Carb Breakdown' Gene

Lecia Bushak: Why Hand Sanitizer May Actually Harm Your Health

Stacy Rapacon: Great Funds You Can Own for $500 or Less

Cameron Huddleston: 7 Ways to Save on Home Decor

The Kosher Gourmet by Steve Petusevsky Exploring ingredients as edible-stuffed containers (TWO RECIPES + TIPS & TECHINQUES)

Jewish World Review March 27, 2009 / 2 Nisan 5769

Big bedfellows

By Jonah Goldberg


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http://www.JewishWorldReview.com | Maybe we have it all backwards.


Here's the basic story President Obama wants to tell. The last eight years were an economic disaster because President Bush and the Republicans ignored necessary government regulations and "investments." The economic crisis has discredited "market fundamentalism," as some liberals call it. Now, thanks to Bush's hands-off approach to the economy, Obama has no choice but to get government much more involved. "To kick these problems down the road for another four years or eight years," Obama sighs, "would be to continue the same irresponsibility that led us to this point."


Indeed, Obama doesn't feel compelled to merely remedy the mistakes of his predecessor; he believes it is vital that we renew the New Deal-style economic policies we strayed from when Ronald Reagan was elected. Not only must we pour vast sums of money into highways and mass transit, along with social insurance programs, we need to "reset" the relationship between government and big business. Just this week, the administration announced that it wants new powers to control not just banks, but other financial institutions and businesses that are "too big to fail."


What if they're looking at the economy through the wrong end of the telescope? For starters, Bush was hardly a laissez-faire president who ignored Obama's oft-stated domestic priorities. Sure, Bush was more laissez-faire than Obama. But that's not a very high bar.


Education spending under Bush rose 58 percent faster than inflation. Medicare spending, thanks largely to Bush's prescription drug benefit (the largest expansion in entitlements since the Great Society), went up 51 percent during the Bush years. Spending on health research and regulation rose 55 percent. Spending on highways and mass transit went up by 22 percent.


Maybe that's too little in Obama's eyes, but it hardly validates Obama's fictions about the last eight years. Let us also recall that Bush's Wall Street bailout efforts were largely indistinguishable from Obama's. Indeed, Obama's treasury secretary, Timothy Geithner, was the co-pilot for Bush's treasury secretary, Hank Paulson. Now that Geithner's in the captain's chair, there haven't been many course corrections.


But perhaps the bigger picture is backwards as well.


First, one needs to remember that the New Deal was not the assault on big business that its fans claim. FDR may have talked a good game about going after "economic royalists," and he did love confiscatory personal income taxes. But he and his Brain Trust also loved cartels, big businesses and other "big units" of society. The notion that big business and big government are at war with one another is one of the great enduring myths of the 20th century. The truth is that ever since Teddy Roosevelt abandoned his love of trust-busting, progressives have liked big businesses big, really big. The bigger the business, the more reliable the partner for big government.


That's why any huge corporation that plays ball on health care, or "green jobs," or countless other initiatives, is hailed as a "forward-thinking" or "progressive" company. Companies such as GE, which stands to make billions from Obama's energy proposals, are vital sidekicks in the new era of public-private partnerships. Why is Obama working tirelessly to save Detroit automakers? Because GM is a wonderful poster boy for peddling nationalized health care, and UAW is an indispensable cog in the Democratic Party.


Hillary Clinton's health-care plan required working with large corporations and other firms. It was little guys for whom she had nothing but contempt. When warned her plan would crush smaller businesses, she shrugged, "I can't go out and save every undercapitalized entrepreneur in America."


Again, this is hardly a new story. Chiefly under the auspices of the National Recovery Administration, the New Dealers sought to create huge cartels and trade associations that could work side by side with economic planners. Small and independent firms, from movie theaters to dry cleaners to poultry distributors, were hounded and harassed by a government determined to "rationalize" the economy by sweeping away all those pesky-but-innovative competitors. Would Barney Frank rather work with one giant Fannie Mae that will always take his phone calls and do his bidding, or a thousand smaller firms that would need to be herded like cats? I think we already know the answer.


Everyone agrees that we are spending trillions of dollars on firms "too big too fail." Many of these firms got so big because politicians in both parties liked to have important businessmen take their phone calls, do their bidding and fund their campaigns. And maybe, just maybe, the lesson from the financial crisis isn't to get big business and big government even more involved with each other, but to finally bust the trust between them.

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