“At the tail
end of 1979, things looked worse. But shortly thereafter America was
rebounding, and the rest of the world was doing better, too."
"People credit
Ronald Reagan for this change, but I think that Reagan was as much a symptom as
a cause. People were sick of stagnation and bad government, and they demanded
more—from their governments, and from themselves."
"I think we'll
see that again in 2012, and that's why, all evidence to the contrary
notwithstanding, I think it will turn out to be a better year than seems likely
today.”
From Sunday Reflection: When
muddling through is the best you can hope for—Glenn Harlan Reynolds
