The New Deal is dead. The Democratic party, indeed most of the country, just doesn’t realize it yet. In this regard, the Bush administration is a huge success — for Republicans. That’s what they really wanted to have happen.

This year the national debt will reach 400% of federal revenues. By the time Bush leaves office it is likely to be more than 500%. Most of that debt is being bought by China and other Asian countries. They see the strategic wisdom in buying up our debt. Welcome to the new America, a wholly owned subsidiary of China. You’re worried about American values. You think it’s bad today? Just wait.

Of course, Bush doesn’t really want to sell off our assets and liquidate the country. The debt is as much a strategic move on his part as it is on China’s. Sure we can pay off that debt — we just have to eliminate all social programs. After all, the nanny state is here to tell you what to think, not to pay for your education.

And once the Republican government gets rid of all those pesky social programs, well, then they’ll be the Small Government Party that they’ve always claimed to be. Nevermind the gross spending on the military industrial complex. We NEED that. It’s not as if we could save costs through oversight, the elimination of war profiteering, or smarter management of our security dollars.

So you see, the New Deal was put on life support in 2000 and murdered while it slept in 2004. The funeral has just been delayed a bit while the Republicans carve up the carcass. Bits of flesh and gore just don’t look that good in a casket, even with a nice suit and tie. For those of you who would like to pay your respects, don’t worry, they’ll hold the services just as soon as they finish carving. It’ll have to be closed-casket though.

Update: In the original post I mistakenly referred to federal revenues as GDP (gross domestic product). No, I don’t know why. I just wasn’t thinking clearly.

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