(The following is a broad brush and generalized treatment of a topic that deserves a long article or even a book, but I do not have the time or expertise to do either. In any case, I think there is at least a germ of truth in what I say, and I have wanted to write it for a while. So here it is.)
In March of 2007, I said that I thought the Republicans would lose in November of 2008. While John McCain is by far the best candidate the Republicans could have chosen to run for President this year, I still think the state of the economy, the fact that only once in the last 60 years has one party held the White House for more than eight years, and the tiredness of so many of the American people with George W. Bush will mean that Senator Obama will win in November – unless he loses it, either by what he says or what comes out about him that we do not know yet. And in any case, the Republicans are going to suffer losses in Congressional races.
So how does a conservative feel about this prospect? As I get older and learn more, it seems to me that there is a time and a flow to history and to politics that one cannot stop or reverse. The time after World War II was a time of government. In some places it was socialism. In others it was a matter of more government action and intervention in a free market economy.
The 1970s brought a world-wide stagnation that led, in the 1980s, to a shift to less government intervention and more free market solutions. From Keynes (perhaps a slightly misunderstood Keynes) in the 1960s, we went to Friedman in the 1980s. From regulation we went to deregulation. From government running things we went to privatization. From the high taxes of the 1950s and 1960s, we went to the Laffer curve and tax cuts in the 1980s.
Thatcher and Reagan led this shift in the UK and the US, but it was not just Tories and Republicans. Deregulation of things like the airlines and the trucking industry in the US actually began under Jimmy Carter. In France, Francois Mitterrand tried old style socialism and government intervention when he was elected in 1981, but it failed and he had to reverse course.
The deregulation and reform movements in places like Australia and New Zealand were lead by Labor (Australia)/Labour (New Zealand) parties. Among the most radical free market reforms were those in New Zealand, reforms that were implemented by a Labour government that followed a "conservative" National Party government that had given New Zealand one of the most controlled economies outside the Soviet Bloc.
In other words, there was a world-wide shift in politics and policies, which affected all countries and parties.
And now, are we seeing the beginning of a trend back the other way? Is the upcoming Democratic victory the sign of a new trend in the United States? Or is it just a short-term reaction to the Bush Presidency and the failures of recent Republican Congresses?
We cannot know at this point. And so we have to fight for our principles. If it is just a short-term thing, we need to fight to get through this period as quickly as possible. And if it is the start of a new trend, then we have to work to keep the flame of small government and free market economics alive for the time when the trend shifts yet again, and we have to work on the edges to limit the extremes of the shift.
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