Think again. As long as the people who put these economically ruinous policies in place remain in power, they’re likely to.

[Update a couple minutes later]

How government spending impoverished us all. I think that the GDP is indeed a very flawed way of assessing the state of health of the economy. If we had a better measure, the notion that WW II ended the Great Depression wouldn’t make much sense at all. It simply set the stage for the recovery in the late forties, once we returned to sane economic policies after fifteen years.

A day that should live in infamy:

Hank Paulson’s bloodless banking coup demonstrated that a nearly all-powerful government which believes it is untouchable can and will do anything once it gins up enough of a crisis atmosphere. Paulson’s putsch gave cover to the long list of heavy-handed actions which have followed during the Obama administration, from arbitrarily changing the pecking order in bankruptcy, to preventing nonunion manufacturing plants from opening, to defying direct court orders, to Dodd-Frank’s attempt to permanently keep the government in banks’ boardrooms — and much, much more.

This, too, is what fascism looks like.

A front-line report from Tim Carney:

While much of the occupiers’ anger at the “banksters” was typical talk about “greed,” the gripes almost always included something about undue influence. Anthony Hassan, an out-of-work construction worker from Norfolk, Va., sounded a common note, pointing out that bailed-out banks “take some of the money we’ve given them, and they hire lobbyists.” An organic farmer who traveled down from Vermont who called himself Mack (and would not give me his full name) said “we’re at a point where the people with the most money have the most influence.”

They’re right. It does undermine our democracy and harm our economy when hiring a former Senate majority leader, for instance, can be the best investment a company ever makes. Wealthy special interests do dictate policy too much, regardless of which party is in power. I don’t know who made the sign under which I slept Sunday night, but I agreed with its thrust: “Separation of Business & State.” The back read “I can’t afford a lobbyist.”

My agreement with these folks went no further, however, than a common diagnosis of the problem. Their proposed solutions — more campaign finance restrictions and curbs on the freedom of firms to lobby — showed disregard for the freedom of speech. They also don’t seem to understand that getting government more involved in the economy always gets business more involved in government. Outside the small minority of Ron Paul supporters at the park, none of the occupiers saw smaller government as the answer to cronyism and corporatism.

Hard for people who want handouts to be for smaller government. In that, they are diametrically opposed to the Tea Party.