How did American conservatism end up so detached from, indeed at odds with, facts and rationality? …
My short answer is that the long-running con game of economic conservatives and the wealthy supporters they serve finally went bad. For decades the G.O.P. has won elections by appealing to social and racial divisions, only to turn after each victory to deregulation and tax cuts for the wealthy — a process that reached its epitome when George W. Bush won re-election by posing as America’s defender against gay married terrorists, then announced that he had a mandate to privatize Social Security.
Over time, however, this strategy created a base that really believed in all the hokum — and now the party elite has lost control.
February 13, 2012
Pearl of Wisdom for 2/13/2012
Paul Krugman’s column in today’s New York Times includes this distressing observation: