by Richard M. Ebeling
The American Institute for Economic Research
Among many American “progressives” and those in the Democratic Party establishment, there is a heady euphoria that their day has again come, that there is an opportunity to establish and implement their dream of a far more comprehensive and commanding government presence over the society.
Their vision already promises well over $6 trillion of additional federal government spending; and this is only what Biden and the Democrats have legislated or have been proposing for Congress to pass during the president’s first 100 days in office! Given the spider’s web of additional or intensified government intrusions into almost every corner of personal, social and economic life that is desired by the political paternalists, it would be far easier to count on one hand the various aspects of our lives that would remain free of governmental regulation and redistribution, command and control, and planning and plunder.