Tuesday, October 28, 2008

the europeanization of america

the wall street journal has quite an interesting article on the upcoming presidential election in the u.s. and here are some of the highlights. the basis of the article is that obama will win the elections. the author is clearly a republican and very afraid of the u.s. becoming in many aspects europe 2.0 (which i think it's a good idea in some aspects, unlike the author). these are some of the changes he's foreseeing:
  • the u.s. military will withdraw from iraq quickly and substantially
  • protectionism will become our national trade policy; free trade agreements with other nations will be reduced and limited.
  • income taxes will rise on middle- and upper-income people and businesses, and individuals will pay much higher social security taxes
  • federal government spending will substantially increase. the new obama proposals come to more than $300 billion annually, for education, health care, energy, environmental and many other programs, in addition to whatever is needed to meet our economic challenges.
  • free speech will be curtailed through the reimposition of the fairness doctrine to limit the conservative talk radio that so irritates the liberal establishment.
the author states that "these [and other] policy changes will be the beginning of the europeanization of america. there will be many more public policy changes with similar goals—nationalized health care, kyoto-like global-warming policies, and increased education regulation and spending."

for the whole article, click here. and if you're american and a registered voter, go vote! obama needs to win.

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