Maybe that’s because he is one of a generation of thrifty Americans who elected politicians unwilling to fund many of the benefits they promised. Or maybe it’s because he has spent so much of his adult life in the belly of government—from the House of Representatives to the White House to, now, t...
More than eighteen months after the Great Panic began, more than a year after Bear Stearns was rescued, more than six months after Lehman collapsed and AIG became a ward of the state, more than a hundred days into the Obama presidency, it was still not entirely clear that Ben Bernanke and his all...