John Stossel: The disappointing year in liberty
• Obamacare. It was supposed to "bend the cost curve" downward. The central planners had lots of time to perfect their scheme. For a generation, the brightest left-wing wonks focused on health care policy. The result? Soviet-style consumer service comes to America.
Nothing to cut? Government spends $3.8 trillion a year!
Many Republicans are almost as eager to spend as Democrats, despite the difference in rhetoric between the two parties. About the only spending reduction Republicans accomplished in the past few years was the so-called sequester — which really happened by legal default because the two parties couldn't reach an agreement. The sequester instituted cuts of about $85 billion a year, a mere sliver of that $3.8 trillion budget and a still smaller sliver of our $17 trillion debt.
To make it a better year, we can't trust such a powerful government to restrain itself. We should cut back its duties to reduce its power.
John Stossel is host of "Stossel" on the Fox Business Network, and the author of "No They Can't! Why Government Fails, but Individuals Succeed."
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