Martin Wolf: The US may be on the verge of making among the biggest and least-necessary financial mistakes in world history.

In the US, utopians of the right are seeking to smash the state that emerged from the 1930s and the second world war.

http://www.ft.com/cms/s/0/979c10d8-acb8-11e0-a2f3-00144feabdc0.html#ixzz1S2qHYwzZ