Friday, November 21, 2008 | 9:52 a.m.

Thomas Sowell

Home > Opinion Columns > Thomas Sowell
Please contact your local newspaper editor if you want to read Thomas Sowell's column in your hometown paper.
Thomas Sowell

Recently

  • The Right To Win
    Among the many new "rights" being conjured out of thin air, a new one seems to be a "right" to win. Americans have long had the right to put their candidates and their ideas to a vote. Now there seems to be a sense that your …
  • It's Priceless
    Wouldn't it be wonderful to live in a world where there were no prices? If you happened to want a Rolex or a Rolls-Royce, you could just go get one— or two if you wanted— and not have to worry about ugly little things like price tags. …
  • "Intellectuals"
    Among the many wonders to be expected from an Obama administration, if Nicholas D. Kristof of the New York Times is to be believed, is ending "the anti-intellectualism that has long been a strain in American life." He cited Adlai Stevenson,…
  • A "Sound" Economy?
    The truest thing that Senator John McCain said during this election campaign is what got him into the most trouble: "The economy is sound." "Sound" does not mean bullet-proof. Nor does it mean that everything is going wonderfully …

Changes in Politics

Podcast available through:

If you like Thomas Sowell, you might enjoy

One of the few political cliches that makes sense is that "In politics, overnight is a lifetime."

Less than a year ago, the big question was whether Rudolph Giuliani could beat Hillary Clinton in this year's presidential election. Less than two months ago, Barack Obama had a huge lead over John McCain in the polls. Less than a week ago, the smart money was saying that Mitt Romney would be McCain's choice for vice president.

We don't need Barack Obama to create "change." Things change in politics, in the economy, and elsewhere in American society, without waiting for a political messiah to lead us into the promised land.

Who would have thought that Obama's big speech at the Democratic convention would disappoint expectations, while McCain's speech electrified his audience when he announced his choice of Governor Sarah Palin for his running mate?

Some people were surprised that his choice was a woman. What is more surprising is that she is an articulate Republican. How many of those have you seen?

Despite the incessantly repeated mantra of "change," Barack Obama's politics is as old as the New Deal and he is behind the curve when it comes to today's economy.

Senator Obama's statement that "our economy is in turmoil" is standard stuff on the left and in the mainstream media, which has been dying to use the word "recession."

Not only has the economic slowdown failed to reach the definition of a recession, the most recent data show the U.S. economy growing at a rate exceeding 3 percent— a rate that many European economies would die for, despite our being constantly urged to imitate those countries whose end results are not as good as ours.

Barack Obama's "change" is a recycling of the kinds of policies and rhetoric of the New Deal that prolonged the Great Depression of the 1930s far beyond the duration of any depression before or since.

These are the same kinds of liberal policies that led to double-digit inflation, double-digit interest rates and rising unemployment during the Carter administration.
These are "back to the future" changes to economic disasters that need repeating.

Make no mistake, the political rhetoric of FDR was great. For those who admire political rhetoric, as so many of Barack Obama's supporters seem to, FDR was tops. For those who go by actual results, FDR's track record was abysmal.

Although the Great Depression of the 1930s began under Herbert Hoover, unemployment during Hoover's last year in office was not as high as it became during each of the first five years under FDR.

During the eight years of FDR's first two terms as president, there were only two years in which unemployment was lower than it had been under Herbert Hoover— and not by much.

World War II has been credited by some with getting the United States out of the Great Depression. What the war did was put an end to the New Deal, as national survival became the top priority and replaced FDR's anti-business and class warfare rhetoric.

Senator Obama's rhetoric today is the anti-business and class warfare rhetoric that worked so brilliantly in a political sense for FDR in the 1930s. But Obama is following an opposite course from FDR when it comes to recognizing threats to American national security.

Senator Obama has repeatedly tried to deal with national security threats with rhetoric. He tried to dismiss the threat of a nuclear Iran with because Iran is "a small nation"— even though it is larger than Japan, which launched a devastating attack against the United States at Pearl Harbor.

FDR had the good sense to begin urging greater military preparedness in 1940, more than a year before the United States was attacked. He said, "If you wait until you see the whites of their eyes, you will never know what hit you."

Cutting the military budget and taking foreign policy problems to the United Nations are Obama's version of "change."

That is change that we dare not believe in. It is the audacity of hype.

To find out more about Thomas Sowell and read features by other Creators Syndicate columnists and cartoonists, visit the Creators Syndicate web page at www.creators.com. Thomas Sowell is a senior fellow at the Hoover Institution, Stanford University, Stanford, CA 94305. His Web site is www.tsowell.com.

COPYRIGHT 2008 CREATORS SYNDICATE, INC.




AddThis Social Bookmark Button RSS Get RSS Feed for Thomas Sowell Email updates Email me Thomas Sowell updates Comments Comments
Originally Published on Friday August 29, 2008


Thomas Sowell's column is released once a week.
Editors Picks - Opinion Columns
Evangelicals -- A Drag on or Essential to the GOP?
David Limbaugh
Sarah Palin Is Not the Future of the GOP
Roland S. Martin
The eHarmony Shakedown
Michelle Malkin
See All
More Thomas Sowell
Nov. `08
Su Mo Tu We Th Fr Sa
26 27 28 29 30 31 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 1 2 3 4 5 6
View By Month
About the author Print friendly format Write the author Email This Article to a friend
All newspaper editors want to know what their readers like. If you would like to read this feature in your local newspaper, please do not hesitate to share your enthusiasm with your local newspaper editor.


 

Shop Creators Syndicate



Also available from Thomas Sowell: Black Rednecks and White Liberals


Other titles from Thomas Sowell are available in our online store. Click on the cover to the left to see more!

 
Friday, November 21, 2008 | 9:52 a.m.
About Creators | Privacy Policy | Contact Us | Editor's login | FAQ | En Español
Copyright © 2006 Creators.com. All Rights Reserved.
Web Development by JJCO