Paul Krugman recently reminded us about some of the “predictions” of the conservative CATO institute, and it all made me miss Bill Kristol. First the predictions; Going back 2-3 years they said reforms have made Iceland a Nordic tiger, and later on they quoted the (conservative heritage foundation) said how Ireland became the Celtic tiger, and mentioned the Estonian economy as a “miracle”. Of course we know these are 3 areas which have crises far worse than ours, which reminds of Bill Kristol who when appearing on the John Stewart show was asked by John “Oh Bill Kristol, are you ever right?” We ask the CATO institute and the heritage foundation “are you ever right?” We miss you Bill. |
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