Conservative Policies Fail

Greg Anrig via Brad DeLong:

The belief system and finely crafted policy pitches that enabled the right to dominate the war of ideas for the past 30 years have produced a relentless succession of governing failures, from Iraq to Katrina to the economy to the environment.
...
The single theme that most animated the modern conservative movement was the conviction that government was the problem and market forces the solution. It was a simple, elegant, politically attractive idea, and the right applied it to virtually every major domestic challenge -- retirement security, health care, education, jobs, the environment and so on. Whatever the issue, conservatives proposed substituting market forces for government -- pushing the bureaucrats aside and letting private-sector competition work to everyone's benefit.

So they advocated creating health savings accounts, handing out school vouchers, privatizing Social Security, shifting government functions to private contractors, and curtailing regulations on public health, safety, the environment and more. And, of course, they pushed to cut taxes to further weaken the public sector by "starving the beast." President Bush has followed this playbook more closely than any previous president, including Reagan, notwithstanding today's desperate efforts by the right to distance itself from the deeply unpopular chief executive.

But in practice, those ideas have all failed to deliver...


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