Academic

MICHAEL BARONE: Voting For The National Interest, Not Self-Interest. The recoil in 2010 against ?

By Glenn Reynolds

MICHAEL BARONE: Voting For The National Interest, Not Self-Interest.

The recoil in 2010 against the Obama Democrats’ vast expansion of the size and scope of government seems to have a cultural or a moral dimension as well. It was a vote, as my Washington Examiner colleague Timothy P. Carney wrote last week, expressing “anger at those unfairly getting rich — at the taxpayer’s expense.”

Those include well-connected Wall Street firms like Goldman Sachs that got bailed out and giant corporations like General Electric that shape legislation so they can profit. They include the public employee unions who have bribed politicians to grant them pensions and benefits unavailable to most Americans.

A government intertwined with the private sector inevitably picks winners and losers. It allows well-positioned insiders to game the system for private gain. It bails out the improvident and sticks those who made prudent decisions with the bill.

Modest-income Americans think this is wrong. They want it fixed more than they want a few more bucks in their paychecks.

Traditionally, most Americans have opposed crony capitalism and corruption. But people in Washington have tended to misunderstand what’s behind this, interpreting it as a negotiating strategy rather than a values question.

Full post as published by Instapundit.com on February 27, 2011 (boomark / email).