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Taking Over GM Is “New,” I Guess

David Brooks assures us that the Obama team is “brimming with good ideas about how to move from a bubble economy to an investment economy.” He continues:

Finding a political strategy to accomplish this, however, is proving to be very difficult. And getting Congress to move in this direction might be impossible. Congressional leaders have been fixated on short-term conventional priorities throughout this entire episode. There is no evidence that the power brokers understand the fundamental transition ahead. They are practicing the same self-indulgence that got us into this mess.

Well, if the Obama administration is brimming with good ideas why haven’t we heard of them? And why is the president out shilling for more of the “self-indulgence that got us into this mess” — like a huge healthcare nationalization plan with no funding mechanism? We didn’t hear any new ideas on the stimulus — a huge, ineffective grab-bag for the Left. We didn’t get brimming new ideas on the supplemental spending bill with 9,000 earmarks. It is hard to understand what they are waiting for — and why they keep indulging Congress, which is doing more of the stuff that got us into this mess.

Frankly, we haven’t heard a single noteworthy new policy idea from this administration. They tried to root out vouchers from D.C. schools. They are recycling Teddy Kennedy’s nationalized healthcare. They found a racial identity, grievance champion for the Supreme Court. And they have spent and spent and spent. What’s new? Taking over failing car companies, telling banks how much to pay their executives, and rolling over the property rights of bondholders are new developments, but I doubt that’s what Brooks has in mind. I think he means intellectually creative and brave. None of those meet such standards.

We are left with two options — either they really don’t have any sparkly, new ideas or they lack the political will and courage to put them out there and fight for them. You don’t think they’ve snowed David Brooks, do you?



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