Wednesday, October 25, 2006

And Next Week, George Has Some Good Ideas For a New Surgical Technique

From WaPo, via Brad Delong, George Will weighs in on the flummoxing tendency of the average wage earner to look with muley pessimism on the current gubmint ballyhoo of an economic environment favorable to the odd oligarch:
Prosperity Amid the Gloom - washingtonpost.com: Economic hypochondria, a derangement associated with affluence, is a byproduct of the welfare state: An entitlement mentality gives Americans a low pain threshold -- witness their recurring hysteria about nominal rather than real gasoline prices -- and a sense of being entitled to economic dynamism without the frictions and "creative destruction" that must accompany dynamism. Economic hypochondria is also bred by news media that consider the phrase "good news" an oxymoron, even as the U.S. economy, which has performed better than any other major industrial economy since 2001, drives the Dow to record highs...
Shorter George Will: You puling little punks! Get over it!

I got yer "low pain threshold" right here, George. But it's more a low pain threshold for listening to self-appointed oracles pontificate about things they have next to know personal experience with.

Does anyone write about the economy these days who has ever, even once in their life, had to worry about whether they could put food on the table?

Does anyone write about the health insurance crisis who ever had to go without coverage while their kids were little, sweating it out with crossed fingers?

No, it's just an endless vomitorium of "dreck", as you so keenly put it---dreck with no empirical basis, spewed out by any well-fed frat rat with a college connection and a bidness degree who's managed to parlay his ability to write a compound sentence into a comfy gig telling the rest of us to stop paying attention to our own experience and quit whining. If we didn't have obedience and bovine conformity drilled into us from kindergarten, maybe we would give these guys the total freeze-out they so richly deserve.

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