DYSPEPSIA GENERATION

We have seen the future, and it sucks.

If Washington did less it wouldn’t matter so much who won.

30th August 2008

Read it.

The stakes are so high in this presidential election for a fundamental reason that doesn’t get discussed nearly enough: The federal government is so large and powerful. In particular, any aggressive president and Congress acting together have it in their legal authority — under our presently elasticized Constitution — to exercise near complete control over the economy. A long line of judge-made law since the Supreme Court’s New Deal era decision in Wickard v. Filburn (1942) says there is almost no limit, under the commerce clause of the Constitution, to the regulatory reach of the federal government.

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