When I was all of seven years’ old, I was treated to the following homily via the famous Carl Foreman-scripted western High Noon: In the fifth century BC the citizens of Athens, having suffered grievously under a tyrant, managed to depose and banish him. However, when he returned some years later with an army of…
Tag: great recession
Yeah, I flunked Econ 101! What’s your point?
As a matter of fact, I I didn’t flunk Econ 101, because I never took it! So what? To quote Mel Brooks, I’m an old man and I’ve got a right to talk. And, to quote another old man, Richard Nixon, “I am not an intellectual, but I do read books!” Well, I do and…
Ezra Klein is an idiot! And so is his wife! Occasionally!
Okay, let me unpack this. On Sunday, Ezra published a really stupid column, Why a Middle-Class Lifestyle Remains Out of Reach for So Many, which, among other things, quoted from a really stupid article in the Atlantic, The Great Affordability Crisis Breaking America: In one of the best decades the American economy has ever recorded,…
One for Bob
I lambasted, pretty much, Robert Samuelson last week for a dumb-ass column he wrote claiming that we don’t spend enough on defense. Well, this week, Bob gets it right, in a column praising President Obama’s handling of the Great Recession, which was in fact his greatest achievement, though not quite great enough to allow Hillary…