Today the New York Times online said:
Stocks plunged worldwide on fears of a recession in the United States.
Remember 1999? Remember when we weren't in a pointless, intractable war? Remember when we had such an enormous budget surplus that economists speculated that it might take 40 years to spend it? Remember when the economy was booming so much that former welfare mothers were able to get high-risk loans to buy a home, but that didn't matter because they had good-paying jobs and could afford it? And the economy could afford it because it was doing so damned well after Bill Clinton passed a balanced budget that made it so that we weren't deficit spending, and all that money that was being used to finance deficit spending since Reagan first pulled the stunt of cutting taxes to the rich, but increasing government spending anyway, all while running on a platform of "reducing government" was suddenly available for things like home loans and business loans, rocketing our economy into the stratosphere?
And do you remember the The Onion headline the week after W. got elected? "At Last The Long National Nightmare of Peace and Prosperity Ends."
On his blog, my son calls The Onion the only source of real news. He may just be right.