Wednesday October 19, 2005

So I’m leafing through the textbook of the introductory economics class that I’m a grader for. Just then, here comes this quote in an introduction to a chapter on economic policy:

“Year after year in Washington, debates seem to come down to an old, tired argument: on one side, those who want more government regardless of the cost; on the other, those who want less government, regardless of the need. We should leave those arguments to the last century and chart a different course.”

– President Bush, addressing Congress, 2/27/01

And what a course it has been …

So with half of this decade in the bag, what do we say about it? Really big picture here, folks: Write the history of 2000-05 in a paragraph or two. Go.