October 27, 2009

Quote of the Day

Via Paul Krugman comes this gem from Daniel Gross:

In evaluating the relative claims of the pessimists and the optimists, you also have to evaluate the messengers. And in this instance, the Fergusonians lack credibility. H.L. Mencken tagged the Puritans as people possessed of the "haunting fear that someone, somewhere, may be happy." Ferguson represents a strain of intellectual Toryism bedeviled by the haunting fear that someone, somewhere may be getting social insurance. (Fellow sufferers include Clive Crook, Andrew Sullivan, and George Will.) Their solution to the problem of large deficits always seems to be to cut entitlements and never to raise taxes.

Posted by Mary at October 27, 2009 10:51 PM | Recommended Reading | Technorati links |