P.J. O’Rourke on Adam Smith:
He dug the basement for the house in which we are being foreclosed on.And he also lets slip this little gem of a description of himself, which I think applies to all pundits:
…but I don’t actually know anything about this, I don’t know anything about this free market that I keep saying is so wonderful…Like Mr. O’Rourke, I have wondered from time to time about the relationship between the economy and the “war” in Iraq:
Like Mr. O’Rourke says, wars are usually good for the economy. We are supposed to be at war, so why is the economy so bad. Here is what I can come up with as to why this is so:
- George W. Bush is King of the Anti-Midis Touch. Instead of turning to gold, everything he touches turns to crap.
- George W. Bush is King of Bush-League Economics. He actually believes his "war" (see #4) is helping the economy and that all our economic problems are because: "we built too many houses."
- George W. Bush is a Republican, and Republicans are stupid enough to believe in Voodoo Economics.
- We are not really at war with anyone. We occupy Iraq and Afghanistan. We are at war with drugs and terrorists, both of which are abstractions, not countries.
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