Today Mr. Obama releases the details of his $3.5 trillion budget, his path to the same goal. Rather than drown as usual in this accounting morass, Republicans should contrast the Obama-Pelosi budget with the Reagan-Kemp philosophy of how a striving nation works, saves and invests…
It is not conceivable that a Reagan or Kemp would have directed the U.S. economy’s legendary energies into building hybrid cars, windmills and bullet trains. It would not have occurred to them that America’s next Silicon Valley — Apple, Intel and Oracle — could grow out of “investments” listed in the federal budget. This would not have occurred to either man because their politics were rooted in the 300-year-old, singularly American tradition of individuals freely deciding how to spend their productive hours and money inside a public system that mainly provides security and safety.
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