David Brooks writes today that
At the core, Obama's best message has always been this: He is unconnected with the tired old fights that constrict our politics. He is in tune with a new era. He has very little experience but a lot of potential. He does not have big achievements, but he is authentically the sort of person who emerges in a multicultural, globalized age. He is therefore naturally in step with the problems that will confront us in the years to come.
True enough. And there's a strong argument to be made that this future-oriented message is one reason for Obama's youth appeal. But then Brooks goes and writes this: "[T]he old free market policies worked fine in the 20th century, but no longer seem to be working today." Really? China just ended an almost two-week-long coming out party showcasing its incredible economic growth since Deng Xiaoping declared "to get rich is glorious" thirty years ago. (Semi) free-market policies seem to be working pretty well for China, and free-market economics seem to be working for Eastern Europe and Ireland too, among other places. The "old free market policies" produced a two-decade long period of low inflation and economic growth in the United States. It may be true that lately this growth hasn't been reaching everybody. That's a problem. But history suggests that drastically raising taxes and expanding the government's reach into yet more parts of our daily economic life isn't the answer. Some lessons apply equally to both the twentieth century as well as the twenty-first.