Lance's post inspired a little
déjà vu on my part.
I had just finished reading
this book for my history course, which in a description of the rise and fall of
progressivism in the 1910s-1920s, included this phrase:
"Before the war, progressivism had secured its greatest triumphs in an era of prosperity, but in the boom years of the Coolidge era, it got nowhere. When utilities announced high profits, people responded not with indignation but with a rush to buy utility stocks."
Doyle is selling what progressives began to try to spin almost a century ago. Hopefully, we'll see through it today as we did back then.
Labels: "big oil", budget, Coolidge, Doyle