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12/16/2016

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M. Frank

2000. That seminal year *after* the tech bubble so successfully transferred wealth upwards and coastwards. And 20 years *after* the comprehensive and systematic hollowing out of the industrial base in the Midwest. And 15 years *after* the beginning of the breathtaking borrowing binge that resulted in a federal government so overfed and bloated that a few trillion can get misallocated in the war branch and not noticed for years.

OK. Huh. Yeah. 2000 is a great year for comparison when supporting motivated reasoning. Hats off to the Washington Post.

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