Is Ron Paul’s Revolution Just Beginning?

So asks The Nation in a somewhat decent article. Good as The Nation can sometimes be, it generally has an inane remark quotient of about three per article. The winner in this one goes to, “Then there’s their [Paul and his followers’] economic policies, which don’t make much sense in light of the current economic crisis.”

Let’s see: we’re watching a Fed-induced bubble burst, leaving countless homeowners in turmoil, and Ron Paul’s criticism of the Fed and of federal bailouts for dumb lenders “doesn’t make much sense”? Inflation is rearing its ugly head, and Ron Paul’s warnings about inflation, every one of which is coming true before our eyes, “doesn’t make much sense”? Some $70 trillion in unfunded entitlement liabilities is coming due very soon, and it “doesn’t make much sense” for Ron Paul to say that the only remotely plausible way of dealing with it is to cut back on the U.S. government’s overseas commitments?

Can I take a wild guess and propose that the writer has never so much as cracked open an economics text, or ever entertained (heaven forbid!) an unconventional thought on the subject?

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9:03 pm on June 4, 2008