We're proving that the big government approach doesn't work

The Washington Times reports, “Mr. Steil said he sees the GOP’s role on the committee to push back on government intervention, which he dubbed as a fight between socialism and capitalism.

‘I think we’re at a unique inflection point in the history of our country, about the direction that we want to go to create and generate prosperity,’ Mr. Steil said. ‘American capitalism is on trial in this committee. We have a unique opportunity to vanquish the socialist argument and come out successfully with American capitalism for generations to come.’

Richard Meagher, a political science professor at Randolph-Macon College, said the battle between capitalism and socialism is one that’s long been in the spirit of Republicans in Congress.

The new Select Committee on the Economy (@EconomyGOP) presents Republicans' path forward for economic prosperity and opportunity for all.

Our colleagues across the aisle want a big government approach. We know it doesn't work; we've proven it. https://t.co/L5xUrXBuTm — Congresswoman Kat Cammack (@RepKatCammack) November 22, 2021

‘It’s an old, old story going back to the post-war years,’ Mr. Meagher said. ‘That’s what Senator Taft used to say in Ohio in the 1950s. It’s what [Barry] Goldwater argued. It’s what Reagan argued. It goes back in the long history of conservative politics. Republicans argue that they’re the defenders of capitalism, and that the Democrats, when they are pushing government programs, are ushering in socialism.’

Mr. Arrington argues that stakes are higher in the current Congress, citing proposals in President Biden’s $1.9 trillion spending bill that would greatly expand the American welfare state.

The bill, known as Build Back Better, passed the House on Friday on a 220-213 vote, sending it off to the Senate for consideration.”

Read the entire story.