October 12, 2008

Optimist: "The age of Reaganism is over,"

Per Jeffrey Sachs, special adviser to U.N. Secretary-General Ban Ki-moon and director of the Earth Institute at New York's Columbia University, as reported by Reuters. "'The no-regulation, low-taxes (philosophy) has broken the back of our economy. We now have to get serious about reconstructing normal government that pays its way and a normal financial sector that's properly regulated.'"

I hope to h*ll he's right; but there are a lot of obstacles.

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