When Bush didn't save New Orleans, it was because he was a Republican. Roll eyes, here. (Never mind that the Governor was a Democrat.) Of course government didn't work well between 2000 and 2008. Insert snicker, here. Some people think government doesn't work well when Republicans are in charge because Republicans (fill in the blank here with your own partisan vitriol).

But once Obama got into the White House, I think some people actually thought it would be different. He cares, after all, and he has such a high IQ.

Krugman is going to have to come to grips with the possibility that maybe it wasn't Bush that made government so incompetent. It was government.

Russ Roberts yesterday. To paraphrase Churchill, laissez-faire may be the worst economic system of all time, except for all the others we've tried.

Labels: economics, politics