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June 22, 2002

BRAD DE LONG takes on anticipatory schadenfreude about the economy. (Paul Musgrave says De Long should be the top econoblogger in the Blogosphere, and he is pretty good.)

The piece that he takes down is by William Greider in The Nation, and what Greider seems to hope to get out of 15% unemployment is an end to U.S. "boastfulness." Is it just me, or is keeping the United States from feeling good about, well, anything, but especially itself the main consistent theme of the Nation crowd? And why is that, exactly?