Just how much money has Big Brother thrown at New Orleans in the last 2 years? The White House says somewhere around $127 billion. If we divided that up among the 300,000 citizens of New Orleans, that would come out to $425,000 per person. The Big Easy is awash in federal dollars, yet it remains a concrete jungle. Poverty and crime rates are still among the highest in the country. Entitlement spending is out of control and is only serving to deepen the already entrenched problems that plagued New Orleans and Louisiana before the hurricane.
Larry Kudlow has a superb article on all of this and more over at Real Clear Politics. Read it. All of it.
Katrina highlights how Bush's repeated failures continue to discredit the irrational and defective nature of his governing strategy of "compassionate conservatism," which from day one we knew was a recipe for disaster. Hopefully a Romney, Guiliani, or Thompson will have enough sense to abandon this flawed ideology and replace it with the libertarian conservatism of Barry Goldwater and Ronald Reagan.
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