What is at Stake

By John LeBoutillier

Amid all the back and forth over the Obama budget, Rush Limbaugh, the C-PAC meeting, the Jindal meltdown, the GOP opposition in Congress, and the new leftward direction we as a nation are taking, no one has yet raised another important - political, economic and historic - consideration: What happens if, after the Obama plan is adopted and becomes law - which it will in large part with a few tweaks here and there - and then by 2011 or early 2012 the economy starts to rebound?

• First of all, President Obama and his crack PR/campaign team will take all the credit and proclaim him a transformational, historic president - and he would most likely be re-elected;

• The Democratic Congress will also stay in the majority;

• But equally as important - massive government spending, trillion dollar annual deficits, a new, more interventionist federal government - will be seen as the reason the economy is recovering - even if it was not! (After all, at some point the economy will bottom out and begin - on its own - to rebound and recover. The Obama plan may actually hinder and delay the recovery. But we will never know the causes and effects - if it recovers during Obama's first term);

• Liberal economists will be vindicated! They and their political followers will all proclaim, "Big Government works!" [more...]