Few philosophers have done more good than Locke and Montesquieu, whose advocacy of divided government inspired America's Founders. Our history, and the less happy past of nations without checks and balances, suggests the wisdom of John Adams's statement: "a people cannot be long free, nor ever happy, whose government is in one Assembly." Today, the Senate Republicans bear the heavy burden of providing the primary check on one-party rule in America. For that reason, it is particularly disappointing to see Senate Minority Leader Mitch McConnell embrace "providing government-backed, 4% fixed mortgages to any credit-worthy borrower" as his alternative to the Barack Obama/Nancy Pelosi stimulus package. Our nation needs Mr. McConnell's leadership, but this idea is bad economics and not a real alternative to the vision of America offered by Democrats. It also stands at odds with all that is good in Republicanism.
Glaeser, Edward L. "The GOP Has a Dumb Mortgage Idea." Wall Street Journal, February 5, 2009.