Saturday, November 17, 2012
In the old era, conservatives offered to the American people a gradualist way of reforming the welfare state away from its administrative absolutism. We now realize that our effort was a failure.
Like all ruling classes, liberals have maintained power by offering loot to their supporters. Like most previous ruling classes, they have begun to run out of loot and plunder to distribute among their supporters.
That is the foundation of our hope. When the ruling class runs out of money, it will also run out of the ability to buy the support of the voters and also to set the rules of the debate.