Guess who’s back. Phil Gramm, the person most responsible for the ‘08 economic downturn, has a new opinion piece in the WSJ, having been drawn into the fray by the wonderful surge in unreason. He condescendingly explains to the “takers” how lucky they are as though they aren’t the experts on what their lives are like.
Gramm is another instance of a Freudian’s field day—physically substandard, morally stunted and exhibiting compensatory intellectual disdain, a “Peter Pan” if there ever was. He avoids honest, productive enterprise while hating those who actually engage in it. In his case I condemn both the sin and the sinner, he is so loathsome.
Repressed stuff has a way of surfacing, however. Phil Gramm married a girl named Wendy, his partner in delusion and deregulatory crime.
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