In response to:

The Upside of the Downside

traitorbill Wrote: Jun 06, 2012 4:14 PM
Ed Rendell A Nation of Wussis

One of my heroes, Irving Kristol, used to say that there's nothing wrong with the country a bad recession couldn't fix.

Kristol (father of the more famous Bill, by the way) wasn't hoping for a recession, he was merely making the point that so many of the problems with our culture, both popular and political, were the sorts of challenges that come with affluence.

Wealth makes it easier to abandon the old customs, rituals and habits of the heart that generated the wealth in the first place.

For instance, I always love reading about irresolute rich families that...