By Ted Belman
Victor Davis Hanson has a very good article on The Other European Volcano over at NRO. In it he discussed the pendulum of history.
Five years ago, the European Union’s account of itself resonated with end-of history triumphalism. In organic fashion, democratic socialism would spread eastward and southward, recivilizing the old Warsaw Pact and the Balkans through cradle-to-grave entitlements, state unionism, radical environmentalism, and utopian pacifism.
Over here, we were often lectured by “progressives” that almost everything Europe did was better — subsidized mass transit, free college tuition, extended maternity leave, early retirement, and “soft-power” diplomacy. Indeed, Obama’s presidential campaign was in some senses a stealthy referendum on Europeanization. And once he was elected, his moves to raise taxes, expand government, expropriate some private industries, run up exponentially increasing deficits, subsidize environmentalism, and triangulate with enemies and allies abroad were European Union to the core.
The economic meltdown of 2008 brought Obama to power. He was intent on ushering the EU model of socialism and soft power in International affairs. Paradoxically this same crises was ushering in the end of the European model. In fact twelve months later, Americans, lead by Sarah Palin, are turning ever more decisively against that model and embracing Reaganism with its emphasis on capitalism, patriotism, religion and a strong military. No more of that soft power engagement for them.
I often wondered, if European socialism produced economic growth at about 50% of that of the US and unemployment of about 10%, how they could afford all their entitlements even with the slashing of their military budgets. What with the crises with Islamization, the Iranian bomb and the bankruptcy of Greece, the chickens are coming home to roost.
Israel made the right move in the late nineties as it turned decisvely away from socialism and embraced American capitalism. More than even the US, Israel weathered this economic crises which others likened to a tsunami while for Israel it was merely a ripple.
Fortunately for America, lead by great conservative spokespersons like Palin, Beck, Levin, Hannity, Savage, Limbaugh etc, Americans have seen enough. Back to Reaganism.