“The language people speak in the corridors of power is not economics or politics. It is history.” So says former Secretary of Defense Ashton Carter, quoted in a column on Ukraine by historian Niall Ferguson. Thus Democratic insiders and sympathetic journalists liked to describe President Joe Biden as another Franklin Roosevelt, even though Biden in
“… the wholesale price index—precursor of what’s coming on the consumer front—had gone up a staggering 2.3 percent last month. That brought the wholesale price increase over the last year to 22.6 percent, the highest rate in a quarter-century and nearly double the climb in family living costs.” Sounds like a news story snatched from today’s
As we look back on the 2020 election and the subsequent transition from the Trump to the Biden administrations, it seems almost certain that this will be viewed by both historians and the public as among the worst transitions in American presidential history. But it does not stand alone. While it is absolutely clear a