2011 is the year baby boomers turn 65. Did you ever imagine this would be the start of your retirement?
Put a chart up of where we were coming out of the 1981-82 recession under supply side versus where we are now (as the Wall Street Journal recently did) and it’s hard to argue against Milton Friedman and government laissez-faire. However you feel about so-called supply side (or more derisively “trickle down”), we were screaming out of the earlier recession at this stage of the election cycle. One could argue that what Obama was handed was worse, which I’ll concede, but it was only marginally worse and means the recovery should be that much stronger coming out, not the anemia with which were currently afflicted.