Total Oblivion

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Skinny Dipping

Long-listed for the Frank O'Connor International Short Story Award and finalist for the Crawford Award. Title short story listed for the 2000 O. Henry award.

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Goblin Mercantile Exchange

Futures, Options, and Swaps (the weblog of Alan DeNiro)

The more things, you know…

In the wake of the election, I thought that this passage was particularly interesting:

Republicans had set out to sow fear and panic in advance of the transfer of power. It worked. The crisis hit in the last days of the Bush administration, but the Republicans successfully blamed the chaos of 2008-2009 on the Obama administration and the new Congress. The falling wages, unemployment, business failures, strikes and desperation all proved what they had always said: Democrats destroyed the economy.

As they planned for midterm elections in 2010, the National Republican Congressional Committee published a “Contract from America” promising that a new Congress with their party in charge would restore the nation’s economic health. Businessmen would no longer worry about the safety of their money, knowing that Republicans would legislate in their favor. With business safe, the economy would recover. Workers would have jobs again. This all added up to one conclusion: Republican government was the only way to ensure a sound economy.

Pretty standard stuff right?

Except this is an article about what happened in the 1890s.

Here’s the original:

Republicans had set out to sow fear and panic in advance of the transfer of power. It worked. The crisis hit in the last days of the Harrison administration, but the Republicans successfully blamed the chaos of 1893-1894 on the Cleveland administration and the new Congress. The falling wages, unemployment, business failures, strikes and desperation all proved what they had always said: Democrats destroyed the economy.

As they planned for midterm elections in 1894, the National Republican Congressional Committee published a “Campaign Text Book” promising that a new Congress with their party in charge would restore the nation’s economic health. Businessmen would no longer worry about the safety of their money, knowing that Republicans would legislate in their favor. With business safe, the economy would recover. Workers would have jobs again. This all added up to one conclusion: Republican government was the only way to ensure a sound economy.

It’s worth reading the whole article–perhaps as a bellwether for how the Republicans will treat Obama’s second term. I doubt they’re going to be any less obstructionist.

Fri, November 9 2012 » Polis

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