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Why Only Bush Could Bring Socialism to America

Writes economist Bryan Caplan at George Mason U.:

If a Democratic president were backing a $700B bail-out, I have to think that Republicans would be crying “Socialism!” But if a Republican president does the same, the bail-out’s natural enemies keep silent out of loyalty or ingroup bias. It’s a lot like the contemporary Republican reaction to Nixon’s price controls – if our boy is doing it, how bad can it be?

The scary thing is that once party Y gives the Inane a chance, party X may be able to finish the job without credible resistance. After party Y surrenders the rhetorical high ground by embracing the Inane, what’s to stop party X from making Inanity a way of life?

Read the whole post here.

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