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After almost 50 years in which federal spending averaged about 20 percent of GDP, Joe Sestak and Nancy Pelosi took federal spending to 25 percent. You know, that's a 25 percent increase in the size of the government overnight. That's what we - that's what we've got to rein in.
Can watching video lessons or using interactive software make people smart? No. But I would argue that it can do something even better: create a context in which people can give free rein to their curiosity and natural love of learning so that they realize they're already smart.
In climbing, sponsors typically support an athlete but provide very little direction, giving the climber free rein to follow his or her passion toward whatever is inspiring. It's a wonderful freedom, in many ways similar to that of an artist who simply lives his life and creates whatever moves him.
Even in the most peaceful communities, an appetite for violence shows up in dreams, fantasies, sports, play, literature, movies and television. And, so long as we don't transform into angels, violence and the threat of violence - as in punishment and deterrence - is needed to rein in our worst instincts.
You can look at what I did in the Senate. I did introduce legislation to rein in compensation. I looked at ways that the shareholders would have more control over what was going on in that arena. And specifically said to Wall Street, that what they were doing in the mortgage market was bringing our country down.
The election of Shinzo Abe as the leader of Japan's ruling Liberal Democratic party and now prime minister will have profound repercussions for Japan and East Asia. Most western commentary during the premiership of Junichiro Koizumi has been concerned with the extent to which Japan has allowed a freer rein to market forces.
This country pays a price whenever our economy fails to deliver rising living standards to our citizens - which is exactly what has been the case for years now. We pay a price when our political system cannot come together and agree on the difficult but necessary steps to rein in entitlement spending or reform our tax system.
And fifth, we will champion small businesses, America's engine of job growth. That means reducing taxes on business, not raising them. It means simplifying and modernizing the regulations that hurt small business the most. And it means that we must rein in the skyrocketing cost of healthcare by repealing and replacing Obamacare.
Everything else - music, cinematography, costumes, design, acting - can be judged at face value. But when you're looking at editing, you don't know what the totality of the material was, and you don't know the working dynamic between a director and an editor - whether the editor was micromanaged or given free rein. It's very difficult.
