Obama's March To Socialism (2)

Written by David Frum on Tuesday February 24, 2009

This is part two of a three part series. Read part one span style="color: #ff6600;">here<, and part three span style="color: #ff6600;">here<.

The scary thing about the Obama administration is not that they are guided by some sinister socialist masterplan. The scary thing is that they seem to have no plan at all.

It’s been more than a month since President Obama took office, and in that time he has been busy. Big domestic spending bill? Check. Make it easier to sue employers in discrimination cases? Done. Guantanamo? Symbolic mission accomplished.

But on the biggest and most urgent problem facing the country – the financial meltdown – we have a series of desperate short-term expedients, none of which has made much difference. The administration’s point man, Treasury Secretary Tim Geithner, failed to command the confidence of Congress or the markets, and is hobbled personally by the damage done to his moral authority by his personal tax troubles.

Criticize the administration for drift and inefficacy and the criticisms line up with facts visible to all. Attack it as a crazed bunch of lefties out to overthrow the free-enterprise system … and we invite an obvious reply: So how well was that free- enterprise system doing when you guys handed it over to President Obama?

Category: News