Obama is shaping up to be more interventionist than even George W. Bush was, regarding both the economy and military engagement abroad. Justin Raimondo points out the “silence of the liberals” as he increases the military budget, expands the war on terrorism, and fiddles with his campaign promises. The $3.6 trillion budget proposed by the Obama administration comes as little surprise. His war on recession will have the same result that all government wars have: More of what they attempt to eradicate:
Liberal theory teaches that one truism of government is that whatever it does, the results end up making the problem not better but worse. I’m thinking of the war on drugs, the war on poverty, the war on illiteracy, and the war on terror. So it is with the war on recession. Already it has given us a record of failure, for going on a year most recently but really dating back to the 1930s.
The idea that spending billions of dollars that simply do not exist, will make things better is baffling to me. If wealth and prosperity were created as easily as that — by willing money into existence and handing it out to every well intentioned program — then Zimbabwe should be the most prosperous nation on earth. Instead they face 94% unemployment, an inflation rate exceeding 230,000,000 percent, and countless related problems.
Obama is doing way too much. It will cost us.

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