Bush—er, Obama—can’t come up with $1 trillion to fill what Paul Krugman describes as a nearly $3 trillion hole. Yet he, and no one else, ever questions the wisdom of escalating our other doomed war, the one against the people of Afghanistan.
Give the New Regime a Chance
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There’s no reason to be hopeful. Obama’s economic program is too little, too late. His cabinet is too moderate, too in-the-box to understand that he may well end up being the last president of the United States. There’s no dot-com-type event on the horizon that could rescue our overextended asses. And yet, despite everything, hope persists for the rats in the cage.