And yet somehow the financial crisis, despite being caused in large part by deregulation, gave us the Tea Party, which wants even less regulation.
Government works so poorly for so many that it's easy to see how exploding it can become attractive. What's harder to see is that one of the reasons it works so badly is because -- ever since the Reagan era -- we've been cutting taxes, making it weaker all the time. The Tea Party may say our country is headed in the wrong direction, but the truth is that their "shut it down" philosophy has been driving the bus for decades. They just want to step on the accelerator.
-- Written by Dan Freed in New York.