Tuesday, January 26, 2010

Wait, What Year Is It?

. Tuesday, January 26, 2010

Is it 1930 or 1933? Maybe 1937? 1994?

It's none of the above. We're not defending the gold standard and we're not Japan. Historical analogies are fun, and this is not to say that there are no lessons to learn from those periods. It's just that those lessons have either already been internalized or are so controversial that further debate is unlikely to be productive.

So no, Obama isn't Hoover. Nor is he FDR. He's... Obama.

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Wait, What Year Is It?
 
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