Wednesday, September 30, 2009

The Ubiquity of Ignorance Posing as Wisdom

See Harold Meyerson today in the WaPo:

http://www.washingtonpost.com/wp-dyn/content/article/2009/09/29/AR2009092903001.html

This is not even serious argument! Hell, I'm no economist, but I AM sympathetic to free-market thinking -- and even I knew the current economic disaster was inevitable!

I mean, what exactly did Meyerson and his Keynesians THINK was going to happen after Bill Clinton inflated the currency prior to 1996 to get re-elected, did it again in 2000 to (unsuccessfully) get Al Gore elected (under the cover of 'Y2K' pseudo-silliness), and GWB repeated the money growth through 8 years of national crises and re-election campaigns? Eventually, the house of cards topples, especially when Congressional 'leaders' (read here: Frank, Dodd, Pelosi/Reid) take steps to legislatively deny reality by mandating fiscal laxity they then fail to oversee!

Please note I didn't mention any (small-c) conservatives here (no, GWB is NOT a conservative!). And, yet, Meyerson, et al, universally blame conservative economists for the liberals' economic failures! The MSM today isn't the Fourth Estate anymore, it's the Fifth Dimension -- where a liberal Utopia heals all imagined wounds without ever coming in contact with reality!