During the years when the housing bubble was growing to ever more dangerous levels the Washington Post could never find room for an oped piece warning of its dangers. There were so many more issues that were more important than an $8 trillion housing bubble. However, just over three months ago the Post did find room for a piece telling readers that the economy was really just fine and that the people complaining were a bunch of whiners. In this proud tradition, the Post has an oped column today by Amity Schlaes that tells readers the best way to deal with the economic downturn is to cut the corporate income tax and virtually eliminate the capital gains tax.
--Dean Baker
