What else would you expect from the ideological nexus of media and academia?
Honesty?
These people can't even acknowledge we've experienced a minor economic depression let alone the utter failure of the predictions of their analysts and economists. Instead of failed 5 year plans as in the former Soviet Union we are treated to weekly, monthly and quarterly misses of an astounding variety so routine no one bothers to remark them any more except the gluttons for punishment in the blogosphere.
Remember the green shoots of recovery gibberish that went on and on for months after the so-called recession ended? Or the jobs created or saved nonsense? Or the bottom in housing? Before all that it was how bad was Bush's economy, an economy which Obama now only wishes he had so he could boast about it, which is why he must continue to denigrate it four years removed.
The regulation of American business by government is so massive it is a joke to call this a capitalist economy. Designed to pick the winners and the losers, the revolving door between the two carries a veritable freeway of crony traffic a 1930s fascist would envy.
It's almost pathetic the article spends most of its time quibbling about definitions from the left when Obama's is a socialism of the right.
The whole point is to obscure this fact.
Socialism is a wonderland, Alice, where words mean whatever they say they mean.
