But by far the best line is this one:8. Medicare Is Too Expensive But Must Never Be Cut: Both establishing Medicare in 1965 and expanding it to include prescription drugs in 2003 are examples of “an irresponsible culture of spending in Washington” (page 63), but establishing “‘councils of experts’ and panels of various sorts” to assess the cost effectiveness of different Medicare-eligible treatments is a “frightening” “scheme” that “undermines freedom” and can be fairly labeled “death panels” (page 81).
7. All Bank Regulation Is Unconstitutional: Criticizing the Security and Exchange Commission’s rulemaking process under the Dodd-Frank financial regulation bill, Perry asserts that “if the Constitution were shown the appropriate respect, Washington regulation writers wouldn’t have to worry about underrepresented views, because they wouldn’t have control over them in the first place” (page 94).
6. Consumer Financial Protection Is Unconstitutional: Further reiterates his view that all federal financial regulation is illegitimate, listing the SEC on page 44 as part of a “federal alphabet soup” in which “undemocratic unelected Washington bureaucrats” are “now (dubiously) empowered to dictate their own preferences to the American people.”
Not only does he argue that the New Deal failed to end the Great Depression, but he asserts “recovery did not come until World War II, when FDR was finally persuaded to unleash private enterprise.” (page 48)It is difficult to exaggerate the degree of wrongness expressed in this sentence, since the US has never been more socialistic than it was during World War II.
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