Lack of money may not be the only reason they’re doomed.
Richard Miniter, in Forbes, notes that we have no choice, we are going to have to stop increasing the beast’s rations. But that is a real problem for democrats, whose entire raison d’etre is the delivery of more federal money in return for support.
The Democratic Party, as we have known it for the past 70 years, is now in its last days.
Yes, the House Republicans may raise the debt ceiling for a mix of spending cuts and revenue raisers. Yes, Barack Obama may win the 2012 presidential contest. Yes, bureaucrats and judges will continue to impose new and costly regulations on the economy.
But it doesn’t matter. The long-term trends are almost all bad news for the left wing of the party.
This week’s fight over raising the federal debt limit exposes a key weakness in the warfare-welfare state that has bestowed power onto the Democratic Party: Without an ever-growing share of the economy, it dies. Every vital element of the Democrats’ coalition — unions, government workers, government contractors, “entitlement†consumers — requires constant increases in payments, grants and consulting contracts. Without those payments, they don’t sign checks to re-elect Democrats.
Read the whole thing.
Hat tip to Scott Drum.
Thalpy
Given the cesspool they’ve become, we can hope.
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