If this president fails, who will revive our economy? And when? And what kind of America will our children inherit? But with the nation already plunging deep into probably necessary debt to rescue the crippled financial system and stimulate the economy, Obama's proposals for many hundreds of billions in additional spending on universal health care, universal postsecondary education, a massive overhaul of the energy economy, and other liberal programs seem grandiose and unaffordable. . . . I hope that the president ponders well Margaret Thatcher's wise warning against some collectivist conceits: 'The illusion that government can be a universal provider, and yet society still stay free and prosperous.... The illusion that every loss can be covered by a subsidy. The illusion that we can break the link between reward and effort, and still get the effort.Remember, The Road to Serfdom is paved with trillions of dollars worth of liberal good intentions.
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