Partisanship Is The New Civil Religion
…hort, 2009 is not 1929. We really are in uncharted territory, as most economists will admit. The lessons of history lie elsewhere. Now Larry Summers has taken to the round of Sunday talk shows, presenting the President’s (or is it the Democrats’?) case. The sound bytes are simpler. Something must be done, and right away. The economy lost 600,0000 jobs in the last month alone, “as many jobs as exist in the entire state of Maine.” More to the point,…
Read More