Nick Cano: We do not have enough such leaders right now. Instead, we have zombie leaders. They shuffle through the halls of the Capitol, mumbling their “Cut-Cut” mantra and legislating misery, and they are dead inside in all the ways that mark a person as human, humane or humble.
The stock market reached a six-year low today. Why? Some blame loose talk (including that of former Fed Chair Alan Greenspan) about nationalizing the nation’s banks. Others blame Obama’s new plan for helping homeowners who may not be able to pay their mortgages. But the real culprit is the accelerating decline in aggregate demand — [...]