Iraq is the GOP's Health Care Disaster
By George Will
WASHINGTON -- Ten years ago next month, when the Dow was at 6,381.94 and the NASDAQ was at 1,300.12 -- last Wednesday they were 12,176.54 and 2,384.94, respectively -- Alan Greenspan warned against "irrational exuberance.'' But last Tuesday's election results were fresh evidence that two events which profoundly shaped American politics during the last two presidencies were episodes of irrational exuberance unrelated to economic behavior.
WASHINGTON -- Ten years ago next month, when the Dow was at 6,381.94 and the NASDAQ was at 1,300.12 -- last Wednesday they were 12,176.54 and 2,384.94, respectively -- Alan Greenspan warned against "irrational exuberance.'' But last Tuesday's election results were fresh evidence that two events which profoundly shaped American politics during the last two presidencies were episodes of irrational exuberance unrelated to economic behavior.
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