Great Moments In Punditry
November 1st, 2010at 05:42pm Posted by Eli
Ross Douthat shows off his Mad Historical Knowledge:
The central premise of the White House’s policy-making, the assumption that an economic crisis is a terrible thing to waste (as Rahm Emanuel famously put it), turned out to be a grave tactical mistake. It drew exactly the wrong lesson from earlier liberal eras, when the most enduring expansions of government — Social Security in the 1930s, Medicare in the 1960s — were achieved amid strong economic growth, rather than at the bottom of a recession.
Well, I suppose it is technically correct to say that the 1930s were not a time of recession…
Entry Filed under: Economy,Healthcare,Media,Politics,Republicans,Wankers
