The hand-in-glove relationship between a Democratic administration and certain precincts of corporate America is one of the major stories of the Obama era. And if you want to know why the Department of Energy has become a venture capital firm, or what happened to Barack Obama’s pledge to allow American consumers to buy their drugs from overseas, or why the health care bill looks, well, the way it looks, Carney’s book is a good place to start.
Carney is more stringently libertarian than I am — more anti-TARP, for instance, and more thoroughgoingly critical of the welfare state in general. But his kind of libertarian populism is a important counterweight to what’s been happening in Washington across the last twelve months. His analysis represents the cogent version of the inchoate angst that’s gripped the conservative base of late.
Thursday, December 17, 2009
NY Times' Douthat: Lessons in Obamanomics
Ross Douthat, a conservative New York Times columnist, blogs today on Obamanomics: