This week’s TIME magazine cover story, Unfaithfully Yours, dramatically laments the collapse of marriage: “There is no other single force causing as much measurable hardship and human misery in this country, as the collapse of marriage. It hurts children, it reduces mothers’ financial security, and it has landed with particular devastation on those who can bear it least: the nation’s underclass,” writes Caitlin Flanagan. Flanagan’s clarion call is backed by demographic trends that have now reached a point where nearly four of every ten babies is born out of wedlock …
Remember the media’s relentless criticism of the Bush Administration’s “groupthink” leading up to the Iraq War? Now the media is engaged in its own groupthink on how best to stimulate economic growth. The great macroeconomic debate of the past century has been over the role of government in economic growth. Economists representing Keynesian, Supply-side, Monetarist, and Neo-classical theories have battled it out in academic journals, in university classrooms and in faculty lounges. Yet Time’s new cover story, “How to Spend $1 Trillion” declares that debate over. It states: … [W]e …
