Thursday, June 10, 2010

Clear and present danger

Writing in the WSJ this morning, Daniel Henninger has a hilarious (and scary) take on what the Gulf oil spill says about government's ability to do anything about it, or indeed about anything much. In his telling, we are the people of Oz, and Mr. Obama has been revealed as the wizard who promised much but can't deliver. Worse, government is too often the source of our problems: "Now government's inefficiency has become indefensible and its fantastic costs, its oceanic spending, a clear and present danger." So the regulators were too cozy with the oil industry? Wow. Nobody could have predicted that. Blue skies! -- Dan Ford

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