I confess that I was hoping that 2011 would be 1995. After all, we had just climbed out of a serious recession in the earlier part of that decade – dwarfed by the more recent one of course, but big at the time – and we had the configuration of Democratic President and Republican Congress. Ezra Klein says 2011 isn’t 1995, because the economy is still so bad. Maybe I was wrong! Being wrong is an exceptional and rare event here at Blue Kennel, but I may have managed it this time.
Related” “2011 is not 1995” by Ezra Klein at WashingtonPost.com