Tuesday, October 14, 2014

Bret Stephens: Obama Survival Manual, Intl. Edition

Bret Stephens: Obama Survival Manual, Intl. Edition - WSJ - WSJ:
"So Paul Krugman , who once called on
Alan Greenspan “to create a housing bubble to replace the Nasdaq bubble”;
who, a few months before the eurozone crisis erupted, praised Europe as “an economic success” that “shows that social democracy works”;
who, as the U.S. fracking revolution was getting under way, opined that America was “just a bystander” in a global energy story defined by “peak oil”;
and who, in 2012, hailed Argentina’s economy as a “remarkable success story”—
this guy now tells us, in Rolling Stone magazine, that Barack Obama has been a terrific president.
Which can only mean that the next two years are going to be exceptionally ugly. 
How to get through them?
I ask the question not as an exhortation to subscribe to Survivalist magazine, stock up on tuna fish and Zithromax, and master the arts of homolactic fermentation.
In fact, if you’re a resident of the U.S., you’ll probably be OK.
What Americans call a recession is what the rest of the world considers affluence. 
What we call disaster is what others know as existence."

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