The odds for a recession dropped today, because of an unexpected rise in retail sales. Still, the watch is on for economic bad news that will displace Iraq bad news in paving the path to Democratic victory.
One guy who's got this all right is New York Magazine columnist Kurt Anderson. Tongue firmly planted in cheek, Anderson lays out the truth: Democrats love bad news. Or as the article’s sub-head says, “The surge is working! Yikes. Stem cells can be harvested embryo-free! Boo-hoo. A recession in the offing? Happy days are near again.”
According to Anderson:
every four years, we “put on our own special pair of red plastic decoder glasses that enable us—force us, really—to . . . scan each day’s headlines [asking] . . . Is it bad for the Republicans?”
the New York Times’ front-page lead . . . warned of “intensifying worries that the economy may be headed for recession.” Total bummer, right? Yes … um … unless you’d prefer that a Democrat be elected president next year. Since the Civil War, whenever the economy was in recession at election time, the opposition party has won the White House.
for Democrats, every news story pointing to imminent economic ugliness is a gift. Such is our duplicitous American version of Leninism lite: The worse, the better—but don’t ever say so. Our cynical Bizarro selves must remain closeted.
Thank you, Mr. Anderson, for opening your closet door!
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