Saturday, December 21, 2013

(Related update): Big Deal?

Related update:   In the post below, I expressed a degree of skepticism over the results of a recent Gallup poll showing a major uptick in American distrust of large government.  Interestingly, Dan Mitchell, an OLS hero and economist with the Cato Institute, suggests that this very result may well be remembered as Obama's signature accomplishment during his  reign in the White House.  Here's an excerpt from his very interesting post:
For what it’s worth, I think the change in public opinion may be the President’s most long-lasting and significant accomplishment. Take a look at these remarkable results just published by Gallup. A record share of the population now say that big government is the biggest threat to the nation’s future.
Here's the chart he's referring to (click to enlarge):

You can read the rest of Mitchell's argument here.  Interesting stuff. I sure hope Mitchell's optimism proves to be right!

Original post:  From a recent Gallup poll:
Seventy-two percent of Americans say big government is a greater threat to the U.S. in the future than is big business or big labor, a record high in the nearly 50-year history of this question. The prior high for big government was 65% in 1999 and 2000. Big government has always topped big business and big labor, including in the initial asking in 1965, but just 35% named it at that time.
It's an interesting article, and if the body politic in this country acts in accordance with these results -- a huge if, admittedly -- it's possible we could see some legitimate, serious change  come December 2016.  But for reasons I touch on here and here, I'm not holding my breath.[ht:]