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GEORGE WILL: Our floundering ‘federal family’ – The Washington Post

September 14, 2011

Our floundering ‘federal family’

By George F. Will, Wednesday, September 14, 4:58 PM

In societies governed by persuasion, politics is mostly talk, so liberals’ impoverishment of their vocabulary matters. Having damaged liberalism’s reputation, they call themselves progressives. Having made the federal government’s pretensions absurd, they have resurrected a supposed synonym for the government, the “federal family.” Having made federal spending suspect, they advocate “investments” — for “job creation,” a euphemism for stimulus, another word they have made toxic.

Barack Obama, a pitilessly rhetorical president, continues to grab the nation by its lapels, demanding its attention, and is paying the price: The nation is no longer listening. This matters because ominous portents are multiplying.

Bank of America, which reported an $8.8 billion loss last quarter, plans to lay off 30,000 out of a workforce of nearly 300,000. The Postal Service hopes to shed 120,000 of its 653,000 jobs (down from almost 900,000 a decade ago). Such churning of the labor market would free people for new, more productive jobs — except that to reduce unemployment, the economy needs an approximately 3 percent growth rate, triple today’s rate.

Consumers of modest means are so strapped that Wal-Mart is reviving layaway purchases for the Christmas season. The Wall Street Journal reports that Procter & Gamble, which claims to have at least one product in 98 percent of American households, expects hard times for a long time: It is putting new emphasis on lower-priced products for low-income shoppers.

via Our floundering ‘federal family’ – The Washington Post.

One Comment
  1. September 14, 2011 8:55 PM

    So the richest country in world history is staggering as if hit by an attack from an outside source. However, the country is so torn apart by politics that have almost brought our nation to its knees. The pathetic fact is that the politicians continue their ways even as they see the country in turmoil.

    The president lacks the skills to change the nation’s course and there is no one on the horizon that could do the job any better. All of Obama’s potential opponents talk a good line but none have laid a serious plan on the table. With corporations sitting on more than a trillion dollars in cash there is no shortage of money to revive the economy. There are no reasons to invest in America.

    Unless a new leader emerges we are all in for a very difficult decade.

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