"There is a growing propensity to place the blame for the disastrous fiscal and economic condition of the United States on the supposedly damaged spiritual condition of the American people. President Obama himself, inclined these days to blame the nation’s economic woes on his predecessor and on millionaires and billionaires, stepped on his own storyline recently when he told a Florida TV reporter that the American people had “gotten a little soft.” By saying this, he was echoing the view that something had gone wrong inside the body politic over the past decade or longer. The American people wanted benefits they didn’t want to pay for; they borrowed money they didn’t have; they refused to make tough choices. “The richest society the world has ever seen has grown rich by devising better and better ways to give people what they want,” Michael Lewis, the most influential financial journalist in America, writes in his new book Boomerang. “The boom in trading activity in individual stock portfolios; the spread of legalized gambling; the rise of drug and alcohol addiction—it is all of a piece.”
This secular-Calvinist argument..."
(John Podhoretz)
