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Matt Welch | Obama’s Warmed-Over Collectivism

Much of President Barack Obama’s mercifully brief second inaugural address yesterday was familiar to anyone who has been listening to his rhetoricand policy ideassince 2007.

Once again, the president rejected the false choice between "caring for the generation that built this country and investing in the generation that will build its future," a formulation that simultaneously waves aside the relentless growth of entitlement spending (from 37 percent of federal outlays today to a projected 50 percent by 2030) and valorizes Washington’s other frequently wasteful expenditures as transactions from which we can expect net financial returns.

Once again, he has made the factually dubious claim that future "economic vitality" depends not only on "sustainable energy sources" that will "power new jobs and new industries," but on making damned sure that America leads the world in this sector. "That’s what will lend meaning to the creed our fathers once declared," he added, oddly.


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