https://pjmedia.com/rogerkimball/2009/03/02/the-2-percent-solution-or-the-tyranny-of-the-majority-returns-with-a-vengeance/feed/PJ Media is a leading news site covering culture, politics, faith, homeland security, and more. Our reporters and columnists provide original, in-depth analysis from a variety of perspectives.en-usSat, 13 Jun 2026 01:28:02 -0400<![CDATA[Many headlines recently have told us that the current President of the United States is attacking &#8220;Reganomics,&#8221; &#8220;the free market,&#8221; even capitalism (or at least &#8220;American capitalism&#8221;) itself. The market itself seems to agree, since every time the President opens his mouth the market seems to drop another one or two hundred points. As I write on this snowy afternoon, it has shed another 250 points today and is trading below 7000 for the first time since 1997. Since January 1, the market has given up more than 2000 points and is now trading at about 50 percent of its high. How&#8217;s that for a referendum on Hope and Change?]]>Mon, 02 Mar 2009 15:50:05 -0500<![CDATA[Roger Kimball]]>https://pjmedia.com/roger-kimball/2009/03/02/the-2-percent-solution-or-the-tyranny-of-the-majority-returns-with-a-vengeance-n115608