In his address last Thursday to the annual St. Petersburg International Economic Forum, Russia’s President Dmitri Medvedev charted a new for the largest republic of the former Soviet Union, choosing to scrap the “excessive government role in the economy and the excessive centralization of power are the taxes on the future”.
Yet, as the Russians move away from centralized government, John Hinderaker finds American Democrats digging in their heels and defending policies which have failed, thwarting entrepreneurial innovation and stymying economic growth:
Here in the U.S., Barack Obama, Nancy Pelosi and Harry Reid must realize that they are fighting a rear-guard action on behalf of an ideology that already has been consigned to history’s trash can. But they and their colleagues are like the dog that can whistle, but only knows one tune. They have no other ideas to offer, and will ride their discredited theories all the way to ruin, if the voters let them.
*yet still championed by President Obama, Senate Majority Leader Harry Reid and House Minority Leader Nancy Pelosi.