The Republican Party has exiled its Goldwater-Reagan wing and given up all pretense of any allegiance to limited government. In the last eight years, the GOP has given us a monstrous new federal bureaucracy in the Department of Homeland Security. In the prescription drug benefit, it's given us the largest new federal entitlement since the Johnson administration. Federal spending--even on items not related to war or national security--has soared. And we now get to watch as the party that's supposed to be "free market" nationalizes huge chunks of the economy's financial sector.

By 2008, we will have had a good conservative Republican in the Oval Office for twenty of the past twenty-eight years. Republicans have had outright control of both houses of Congress for most of the last twelve years.

Republican Presidents have appointed the vast majority of American judges and seven of the nine Supreme Court justices. In short, we've had almost everything we wanted politically.

But things are hardly better. Social statistics are largely unchanged. Divorces are rampant and more and more children are growing up in a home with one parent. Nearly a million and a half abortions are performed every year. There are more children in poverty today than there were twenty years ago. A great percentage of Americans lack health care than ever before. Educational achievement is hardly soaring. Millions of Americans live in what seems like utterly intractable poverty.