July 9, 2009

TIGERHAWK: The 35% Solution: “Because its efforts have been broken into separate initiatives with different justifications, few people other than news junkies have noticed how extraordinary Barack Obama’s agenda is. Perhaps a number will help: 35%. That is the aggregate percentage of United States GDP produced by the three industries that the Democrats hope to restructure from the top down: Health care (17% of GDP), energy (9.8% of GDP), and financial services (8% of GDP). Think about that. Without even considering the transformational impact of proposed anti-business laws of general application, such as the Orwellian ’employee free choice act,’ the Obama administration wants to redesign 35% of gross domestic product from the center. And he proposes to do it all in a rush this summer, lest the decline in his popularity and that of the Congressional Democrats erodes his power to do so.”

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