Brad DeLong laments that obvious failures in the response to the Great Recession still have not been acknowledged.
by Victor Davis Hanson via American Greatness
Not being willing any longer to be manipulated is not succumbing to isolationism. Wondering whether the United States can afford another liability is not mindless nationalism. Questioning whether America can afford the status quo here and abroad is not heresy. Assuming we can borrow our way out of any inconvenience is largely over.