In this issue

Jonathan Tobin: Defending the Right to a Jewish State

Heather Hale: Compliment your kids without giving them big heads

Megan Shauri: 10 ways you are ruining your own happiness

Carolyn Bigda: 8 Best Dividend Stocks for 2015

Kiplinger's Personal Finance editors: 7 Things You Didn't Know About Paying Off Student Loans

Samantha Olson: The Crucial Mistake 55% Of Parents Are Making At Their Baby's Bedtime

Densie Well, Ph.D., R.D. Open your eyes to yellow vegetables

The Kosher Gourmet by Megan Gordon With its colorful cache of purples and oranges and reds, COLLARD GREEN SLAW is a marvelous mood booster --- not to mention just downright delish
April 18, 2014

Rabbi Yonason Goldson: Clarifying one of the greatest philosophical conundrums in theology

Caroline B. Glick: The disappearance of US will

Megan Wallgren: 10 things I've learned from my teenagers

Lizette Borreli: Green Tea Boosts Brain Power, May Help Treat Dementia

John Ericson: Trying hard to be 'positive' but never succeeding? Blame Your Brain

The Kosher Gourmet by Julie Rothman Almondy, flourless torta del re (Italian king's cake), has royal roots, is simple to make, . . . but devour it because it's simply delicious

April 14, 2014

Rabbi Dr Naftali Brawer: Passover frees us from the tyranny of time

Greg Crosby: Passing Over Religion

Eric Schulzke: First degree: How America really recovered from a murder epidemic

Georgia Lee: When love is not enough: Teaching your kids about the realities of adult relationships

Cameron Huddleston: Freebies for Your Lawn and Garden

Gordon Pape: How you can tell if your financial adviser is setting you up for potential ruin

Dana Dovey: Up to 500,000 people die each year from hepatitis C-related liver disease. New Treatment Has Over 90% Success Rate

Justin Caba: Eating Watermelon Can Help Control High Blood Pressure

The Kosher Gourmet by Joshua E. London and Lou Marmon Don't dare pass over these Pesach picks for Manischewitz!

April 11, 2014

Rabbi Hillel Goldberg: Silence is much more than golden

Caroline B. Glick: Forgetting freedom at Passover

Susan Swann: How to value a child for who he is, not just what he does

Cameron Huddleston: 7 Financial Tasks You Should Tackle Right Now

Sandra Block and Lisa Gerstner: How to Profit From Your Passion

Susan Scutti: A Simple Blood Test Might Soon Diagnose Cancer

Chris Weller: Have A Slow Metabolism? Let Science Speed It Up For You

The Kosher Gourmet by Diane Rossen Worthington Whitefish Terrine: A French take on gefilte fish

April 9, 2014

Jonathan Tobin: Why Did Kerry Lie About Israeli Blame?

Samuel G. Freedman: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Jessica Ivins: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Kim Giles: Asking for help is not weakness

Kathy Kristof and Barbara Hoch Marcus: 7 Great Growth Israeli Stocks

Matthew Mientka: How Beans, Peas, And Chickpeas Cleanse Bad Cholesterol and Lowers Risk of Heart Disease

Sabrina Bachai: 5 At-Home Treatments For Headaches

The Kosher Gourmet by Daniel Neman Have yourself a matzo ball: The secrets bubby never told you and recipes she could have never imagined

April 8, 2014

Lori Nawyn: At Your Wit's End and Back: Finding Peace

Susan B. Garland and Rachel L. Sheedy: Strategies Married Couples Can Use to Boost Benefits

David Muhlbaum: Smart Tax Deductions Non-Itemizers Can Claim

Jill Weisenberger, M.S., R.D.N., C.D.E : Before You Lose Your Mental Edge

Dana Dovey: Coffee Drinkers Rejoice! Your Cup Of Joe Can Prevent Death From Liver Disease

Chris Weller: Electric 'Thinking Cap' Puts Your Brain Power Into High Gear

The Kosher Gourmet by Marlene Parrish A gift of hazelnuts keeps giving --- for a variety of nutty recipes: Entree, side, soup, dessert

April 4, 2014

Rabbi David Gutterman: The Word for Nothing Means Everything

Charles Krauthammer: Kerry's folly, Chapter 3

Amy Peterson: A life of love: How to build lasting relationships with your children

John Ericson: Older Women: Save Your Heart, Prevent Stroke Don't Drink Diet

John Ericson: Why 50 million Americans will still have spring allergies after taking meds

Cameron Huddleston: Best and Worst Buys of April 2014

Stacy Rapacon: Great Mutual Funds for Young Investors

Sarah Boesveld: Teacher keeps promise to mail thousands of former students letters written by their past selves

The Kosher Gourmet by Sharon Thompson Anyone can make a salad, you say. But can they make a great salad? (SECRETS, TESTED TECHNIQUES + 4 RECIPES, INCLUDING DRESSINGS)

April 2, 2014

Paul Greenberg: Death and joy in the spring

Dan Barry: Should South Carolina Jews be forced to maintain this chimney built by Germans serving the Nazis?

Mayra Bitsko: Save me! An alien took over my child's personality

Frank Clayton: Get happy: 20 scientifically proven happiness activities

Susan Scutti: It's Genetic! Obesity and the 'Carb Breakdown' Gene

Lecia Bushak: Why Hand Sanitizer May Actually Harm Your Health

Stacy Rapacon: Great Funds You Can Own for $500 or Less

Cameron Huddleston: 7 Ways to Save on Home Decor

The Kosher Gourmet by Steve Petusevsky Exploring ingredients as edible-stuffed containers (TWO RECIPES + TIPS & TECHINQUES)

Jewish World Review April 3, 2008 / 27 Adar II 5768

Invincible Ignorance

By Bob Tyrrell

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http://www.JewishWorldReview.com | Regarding the present economic apprehensions, may I counsel calm and good sense. As for those agitated voices in the chorus, ululating of our dire straits and even of depression and doom, remember they have been out there for years. Generally speaking, they are opportunistic liberals itching for power. It is not surprising that their lamentations are so frequent but that they are so monotonous, for they have yet to be occasioned by either depression or doom. A pause here, a pause there, otherwise the American economy just keeps growing.

At The American Spectator, we have maintained a department, "The Current Wisdom," wherein we have over the decades recorded the neurotic, albeit often opportunistic, jeremiads of these prophets of doom. In reviewing these lamentations, the perceptive reader will note two things: their failed prophecies and their unchanging bugaboos and rhetoric through all their head-on collisions with reality. In modern times, no political point of view has been more out of sync with the facts than liberalism. Yet somehow the liberal point of view endures, failed prophecies and all. To the liberal jeremiahs, America is forever on the hem of financial disaster, along with other calamities. Our bellicose foreign policy threatens worldwide cataclysm. We are destroying habitat, impoverishing the poor, and impeding the progress of "the developing countries" toward the happy condition of, say, Sweden.

As this is an election year — and there are problems in the economy, mainly in the financial sector — we are hearing ominous forecasts from the liberals as they plot a return to the White House. Their gruesome scenarios are chilling, but to those of us who have kept abreast of "The Current Wisdom" through the decades, the alarums are familiar to the point of tedium.

The other day in The Washington Post, there was a report that Sen. John McCain, presumptive Republican presidential candidate, had enlisted among his economic advisors former Sen. Phil Gramm, whom liberal critics are trying to implicate in the troubled subprime sector of the economy. In the Post story, former Labor Secretary Robert Reich described Gramm as an advocate of "dog eat dog capitalism."

Jared Bernstein, an economist who, like Reich, frets over free markets and volunteers his services to return the American economy to the delights of stagflation, is quoted as saying, "McCain is counting on people having very short memories" regarding the economy.

Well, I have a long memory. One of my favorite outbursts of liberal economic angst came after the Oct. 19, 1987, stock market swoon that itself came at the end of 59 straight months of economic growth. That, incidentally, brings to mind President Ronald Reagan's joke that you could tell his economics were correct because derisive liberals "don't call it Reaganomics anymore." In "The Current Wisdom," we recorded the mainstream liberal alarums. They were, as could be expected, hackneyed, hysterical and wrong. Here is Reich writing in The New York Times: "The binge is over. It couldn't go on forever — the quick fortunes (is he thinking about his friend Hillary Clinton's $100,000 killing in cattle futures?), the midnight raids and computer-driven program trades, the junk bonds, poison pills, leveraged buyouts, options — all the glitz and glamour, the danger and thrill. It's over. And the rest of us, who pretended not to notice, are left with the job of cleaning up the mess."

Those foolish words were uttered Oct. 22, 1987. Two days before, the Times editorialized: "In a statement issued last night, the White House asserted that the 'underlying economy remains sound.' With the fire alarm wailing on Wall Street and the country anxious for leadership, it gets an astonishing rerun of Herbert Hoover. When will Mr. Reagan start fighting the fire?" Actually, the economy in that last quarter of 1987 grew at 4.8 percent. Whether Reagan rode in on the hook and ladder, I cannot recall.

Newsweek that last week of October titled its news report "Panic 1987" and led with the sentence, "If it felt like the end of a world, that's because it was: last week's global crash has created a whole new financial reality." The news story droned on, "In disquieting echoes of Herbert Hoover, Reagan and his men proclaimed that 'the economic fundamentals in this country remain sound.'"

Should I go on? The famous liberal economic pundit John Kenneth Galbraith wrote, "This debacle marks the last chapter of Reaganomics." Michael Kinsley wrote, "The Phillips Curve is about to boomerang upon us with a vengeance." New York Times columnist Anthony Lewis wrote, "The age of Reagan is over."

I believe you get my drift. The liberal chorus basically has been wrong about economics — certainly about economic setbacks — for a long time. Today's White House is sounding a bit like the Reagan administration in 1987, claiming that the economy is fundamentally sound. Back in 1987, the economy continued to grow until the brief and shallow recession of 1991. Today I make no prediction, but it does seem that economic fundamentals remain sound. If I am right, I do not expect to be quoted by my liberal friends in the prosperous years ahead.

Every weekday JewishWorldReview.com publishes what many in the media and Washington consider "must-reading". Sign up for the daily JWR update. It's free. Just click here.

JWR contributor Bob Tyrrell is editor in chief of The American Spectator. Comment by clicking here.


© 2008, Creators Syndicate