Especially odd is the notion that the only tenable position, unless we are to go Marxist, is social democracy. Would we not have had a financial crisis if we'd had really super single-payer health care?RTWT.
It is true that the belief in both tighter bank regulation and a larger welfare state cluster on the left, but if social democracy is some sort of preventative cure-all, how come the US economy is outperforming places like Denmark, Sweden, and Germany, not to mention the OECD as a whole? Why, if the problem is "American style capitalism", are the biggest GDP declines found elsewhere? I understand that the left finds it politically convenient to link the uninsured and the banking crisis, but this seems only very slightly less silly than blaming it on gay marriage--indeed, looking at the countries worst effected, the latter's correlation seems stronger.
Tuesday, April 28, 2009
Banking Crisis caused by Gay Marriage
No, wait - by uninsured people. Or something: