RomneyCare Reduces Uncertainty
On Tibor Moricz's "From Bar to Bar"

The Republican Party Has Always Been at War with Eurasia

Paul Krugman:

Orwell and the Financial Crisis: Barry Ritholtz catches AEI purging mention of deregulation from Peter Wallison’s bio. Wallison is co-director of AEI’s financial deregulation project; but he’s also one of the Gang of Four demanding that the Financial Crisis Inquiry Commission not so much as mention deregulation in its report. So Wallison’s history as an advocate of the policy that shall not be named must be expunged, I guess.

If this sounds familiar, it should. The same thing happened with Social Security privatization. There was a long effort by conservative groups to promote privatization, a term they themselves devised. Cato had a Project on Social Security Privatization. But then, when it turned out that the term polled badly, they began rewriting old records in an attempt to cover up the fact that they had ever talked about it.

As Brad DeLong says, I’ll stop calling these people Orwellian when they stop using Nineteen Eighty-Four as an operations manual.

Update: I wonder if Ezra Klein is serious when he asks whose interests are served by this. The right has always understood that the perceptions game is a long game, that you have to rewrite history on a sustained basis to shape the assumptions that govern politics. Work at it steadily, and you have even a liberal Democratic president believing that Social Security only covered widows and orphans at first, that Medicare started small, and that the Clinton-era productivity boom began under Reagan. So of course they’re working hard, right now, to expunge deregulation and shadow banking from the story of the 2008 crisis.