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Politics : Just the Facts, Ma'am: A Compendium of Liberal Fiction

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From: TimF1/5/2010 9:22:43 PM
3 Recommendations  Read Replies (3) of 90947
 
The Naughts: The Second Least-Scary Decade of the Last 100 Years
Bryan Caplan

When Michael Barone inventoried the top scares of the decade, I kept thinking, "Is that all you've got?" I'll grant that the Naughts were scarier than the Nineties; the 1991 collapse of the USSR was like waking up from a nightmare. But the Naughts were easily less scary than the eight other decades of the last hundred years. The 1910s? WWI and Bolshevism. The Twenties? Bolshevism and Depression. The Thirties and Forties: Nazism, Stalinism, Depression, and WWII. The Fifties through the Eighties: Global communism and nuclear war.

We shouldn't be whining about how hard the last ten years were. We should be breathing a sigh of relief that we did not live in more interesting times.

econlog.econlib.org

OTOH -

Harold writes:

We have certainly set ourselves up for very interesting times. At the beginning of the Great Depression we didn't have a mountain of debt and trillions in unfunded obligations waiting for us. Government intervention through the 30s kept the economy from righting itself. Bush made the same mistakes as Hoover and Obama is playing the role of FDR.

The mistakes of the 30s led to a world at war. Where will our mistakes lead? This will get really, really interesting.
Posted January 2, 2010 10:29 AM

econlog.econlib.org
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