The Narrative: David Brooks' Fantasy World
David Brooks builds a fantasy world where his favored polices, tax cuts, would have been rational policy in response to the Great Recession:
The Democrats could be heading toward a defeat of historic proportions in November, but it is possible to imagine a scenario in which things might have turned out differently:
On Dec. 16, 2008, President-elect Barack Obama and his senior aides gathered for a briefing on the state of the U.S. economy. It was horrifying. The economy was on the verge of collapse. There was little prospect that robust growth would be returning anytime soon. Many of the president-elect’s advisers had been reading histories of the New Deal. They had ambitious plans to address the crisis: federal jobs programs, new building projects, new spending initiatives. This was no time to worry about deficits, they said. This was an opportunity to address needs that had been neglected for decades.
Obama, in this fanciful version, held up his hand. He told his aides to put away the history books and reject the New Deal comparisons. Unlike in 1932, Americans today have a raging distrust of Washington, he observed. Living through a crisis caused by excessive debt, they will viscerally recoil at the prospect of federal debt without end. “Somehow,” Obama concluded, “we have to address the crisis without further terrifying the American people.”
(Emphasis supplied.) Brooks' fantasy and the reality of policies that would work are unconnected. Consider the words he puts in Obama's mouth. "Unlike in 1932, Americans of today have a raging distrust of Washington." Put aside the new revelation that Herbert Hoover had inspired deep trust in Washington, Brook's imaginary Obama does not ask what the right policy is for the crisis, rather what policy would play best politically. Brooks is not imagining a Profile in Courage here. More . . .
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