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It's an interesting insight into Bubble World and the mindset of the perpetually shrinking twenty-x-percent.
This is as clear an admission as you'll find that the US values fantasy - especially warrrr porn fantasy - over reality.
It's only in comic books and Dan Brown novels that the president is all knowing and wise and must be supported at all costs, lest the Other get in.
Oh - and the WSJ, apparently.
As such, its influence goes much farther, as it is part of the echo chamber of financial analysts and pundits that spout the conventional wisdom that gets regurgitated mindlessly by the markets and all its cheerleaders.
That tripe gets processed and repeated endlessly (in slightly toned down versions), allowing the process to be repeated a while later with, each time, slightly more outrageous stuff.
The WSJ Op-Ed pages are one of the early sources of the talking points of the hard right (in their legitimized version) and, as such, need to be fought.
In the long run, we're all dead. John Maynard Keynes
It's our task to focus on the alternative views within the forums we can influence. Why dignify the wack-jobs with trying to refute all the propaganda?
"Life shrinks or expands in proportion to one's courage." - Anaïs Nin
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