From The Hill comes a must-read by Dick Morris:
The piece is a bit wonkish, but it presents a comprehensive forecast of the practical and partisan impact of Obama‘s likely first term moves. Morris advised President Clinton on policy and politics, and his predictions are specific and highly credible. This article is a rebuke to any who say that warnings of “socialism” are unfounded or overdone.
From the article…
Simply put, we enter his administration as free-enterprise, market-dominated, laissez-faire America. We will shortly become like Germany, France, the United Kingdom, or Sweden — a socialist democracy in which the government tes the economy, determines private-sector priorities and offers a vastly expanded range of services to many more people at much higher taxes.
… he will create a permanent electoral majority that does not pay taxes, but counts on ever-expanding welfare checks from the government.
Reagan cut taxes and increased the deficit so that liberals could not increase spending. Obama will raise spending and increase the deficit so that conservatives cannot cut taxes.So Obama’s name will be mud by 2012 and probably by 2010 as well. And the Republican Party will make big gains and regain much of its lost power.
But it will be too late to reverse the socialism of much of the economy, the demographic change in the electorate, the rationing of healthcare by the government, the surge of unionization and the crippling of talk radio.