Third Way Perspectives
August 9th, 2012
This piece was originally featured on Politico.
It’s brother against brother.
Democrats launched two great economic initiatives in the 1960s that would change the country. President Lyndon B. Johnson’s Great Society declared a war on poverty and ushered in two of the nation’s most crucial entitlement programs – Medicare and Medicaid. A few years earlier, President John F. Kennedy embarked on the New Frontier, an investment agenda to make the United States the world leader in space, communications, science, education and infrastructure.
Fifty years later, these two children of Democratic presidents have taken radically different paths. The younger child, the Great Society, has grown to be fat and happy. Counting Social Security, the three major entitlements grew from 15 percent of federal spending in the ‘60s to nearly 50 percent today. The older child, investments, is starved. NASA, the New Frontier’s crown jewel, is a shell. Total spending over all federal investments, from highways to space stations to defense, has declined from one-third of our budget to one-seventh today. Is it any wonder our schools are average, our roads clogged and our scientists mostly imported? Read the rest of this entry »
June 28th, 2012
I have a two-year old son, and the Affordable Care Act is way too hard for him to pronounce. We’re still celebrating “cookie” and “Elmo”. But today’s Supreme Court decision will have a massive impact on him—and millions of other toddlers who will one day carry forward the American Dream. Read the rest of this entry »