Home > economics, General, Political, Politics, Pre Pulse Ramblings > Charles Krauthammer : The Vat Cometh – Townhall.com

Charles Krauthammer : The Vat Cometh – Townhall.com


Charles Krauthammer : The Vat Cometh – Townhall.com.

Obama set out to be a consequential president, on the order of Ronald Reagan. With the VAT, Obama’s triumph will be complete. He will have succeeded in reversing Reaganism. Liberals have long complained that Reagan’s strategy was to starve the (governmental) beast in order to shrink it: First, cut taxes — then ultimately you have to reduce government spending.

Obama’s strategy is exactly the opposite: Expand the beast, and then feed it. Spend first — which then forces taxation. Now that, with the institution of universal health care, we are becoming the full entitlement state, the beast will have to be fed.

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