"Are We Rome?" asks a new book authored by an editor at Vanity Fair
magazine. The subtitle is "The Fall of an Empire and the Fate of
America."
It seems, given the dour mood of the country, that this would be a good
time to market such a book. And, indeed, as I check its sales clip on
Amazon, it seems to be moving at a brisk pace that must please both
author and publisher.
So, is America creaking and crumbling like a latter-day Rome?
If it is, the word hasn't gotten to our financial markets. Stocks are
booming, interest rates, inflation and unemployment are low, and
companies are making money.
Usually this is the formula for a happy electorate. But, for some
reason, not now.
According to polls, less than a third of Americans are happy with their
president, barely more than a fourth are happy with their Congress, and
three-quarters feel the country is on the wrong track.
(Column continues below)
A recent New York Times/CBS poll shows pessimism extending among our
young people. In a survey of 17- to 29-year-olds, 70 percent said the
nation is on the wrong track.
When asked if "your generation will be better off, worse off or about
the same as your parents' generation," 48 percent said worse off, 25
percent said better off and 25 percent said the same.
These young people, looking for change, are helping fuel Obamaphoria.
In the Times/CBS poll, Sen. Barack Obama, D-Ill., was the presidential
candidate about whom they expressed the most enthusiasm. They surely
are an important source of his large number of low-dollar and online
contributors.
But what is driving the dissatisfaction?
Certainly, there is unhappiness about the war in Iraq. We hear
comparisons to Vietnam. But let's recall that the death toll in
Vietnam, when the protests got most intense, was far beyond the
3,000-plus casualties we have experienced thus far in Iraq.
By the time we exited Vietnam, we had lost more than 50,000 of our
soldiers.
But why would unhappiness about our engagement in Iraq cause half of
younger Americans to say they will be worse off than their parents?
Here's one hypothesis about what may be affecting the general mood.
People feel rattled when they feel a loss of control.
One thing Americans have done over the years is turn more and more of
their lives over to others to control. This is reflected in the growth
of government.
At the beginning of the last century, government took less than one
dollar of every 10 produced by the nation's economy. By the 1950s,
government was taking about one dollar of every four produced. Now it
is taking almost a third.
In actuality, government is taking more than a third today because our
accounting is not fully reflecting the huge over-commitments in Social
Security and Medicare. According to a recent paper by economists from
the Cato Institute and the University of Pennsylvania, we'd need a
payroll tax of 14.5 percent, more than double the current tax, to cover
these obligations.
Along with the growth of government, there has been a dramatic shift
from local and state control to the federal government.
At the beginning of the last century, 70 percent of government spending
was at the state and local level. Today, almost two-thirds of
government spending is at the federal level.
All of this means two things. First, a large portion of our lives today
is politicized and run inefficiently. One of the reasons our free
economy works so well is that businesses change as times change. But
once a government program starts, entrenched political interests make
change almost impossible. Consider President Bush's aborted effort to
fundamentally reform Social Security.
Second, people feel impotent as their lives are increasingly controlled
by distant bureaucrats and monolithic government programs.
In the same Times/CBS poll, 45 percent of 17- to 29-year-olds said they
would have less influence and 18 percent said they would have more
influence than older people in picking the next president. Is this not
ironic in a time of the Internet, primaries and campaign-finance
reform?
So, is Rome and decline in the cards for us?
I think we'll be OK if we don't forget how we got successful and what
drives failure. Our success has come from freedom and letting
individuals take responsibility for their own lives. But failure comes
when we lose the humility required of freedom and turn to prideful
notions that we can design government programs that solve life's
problems.
For guidance here, we must turn not to history but to Proverbs.
"Pride goes before destruction and a haughty spirit before a fall."
Original
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Is U.S. going the way of Rome?
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