Remember when Bill Clinton in 1996 pronounced "the era of big government is over"? Liberals were incensed that a Democratic president would bolstered Conservative Talking Point No. 1 and would accept the fundamental tenet of Reaganism.

Well, it turned out Clinton was sure wrong about that. Today, Big Government is on the march, with a Republican administration spending hundreds of billions of dollars to bail out Wall Street and to partially nationalize banks. So while we wait for the final presidential debate of 2008, here's a question to ponder: is Reaganism dead? Short answer: you betcha. From Bloomberg: