Is the corporatism that sank Japan’s economy during the 1990s about to create “an American Lost Decade”, as Nick Gillespie asks in the latest offering from Reason TV? As Reason Foundation policy analyst Anthony Randazzo exclaims in the video, “Let zombie businesses die!”:
Turning Japanese
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The odds are that both Nick Gillespie and Anthony Randazzo voted for Barack Obama! Many cultural war yuppies lied to themselves about the Anointed One. They figured that while Obama had to lie to the blue collars—he was telling them the truth. After all, he also obtained an Ivy League degree and therefore should be loyal to his class. The elections in 2010 are going to be very interesting. A good size number of yuppies will feel compelled to vote for conservative Republican candidates. These folks might like their cultural war liberalism, but they place a higher priority on their bank accounts and 401 plans.