New Orleans Phil Gramm, the former Texas Senator and head of the Senate Banking Committee from 1995-2000, wrote a “pin the tail on the donkey” piece in the Wall Street Journal trying to find someone other than himself to blame for the Great Recession. The piece was almost unintelligible, though the headline and the first …
Tag: Great Depression
Cultural Shift: The Media Suddenly Rediscovers Poverty
New Orleans I swear there’s a shift suddenly in the recognition that poverty is a big freaking problem. Everywhere I turn in recent days commentators, columnists and reporters feel obligated to at least mention poverty and the poor either directly or euphemistically. In a cultural shift from recent decades, folks feel they should at least …