01 August 2005

Paul Krugman: Triumph of the Machine

The campaign for Social Security privatization has degenerated into farce. The "global war on terrorism" has been downgraded to the "global struggle against violent extremism" (pronounced gee-save), which is just embarrassing. Baghdad is a nightmare, Basra is a militia-run theocracy, and officials are talking about withdrawing troops from Iraq next year (just in time for the U.S. midterm elections).

On the other hand, the administration is crowing about its success in passing the long-stalled energy bill, the highway bill and Cafta, the free-trade agreement with Central America. So is the Bush agenda stalled, or is it progressing?

The answer is that the administration is getting nowhere on its grand policy agenda. But it never took policy, as opposed to politics, very seriously anyway. The agenda it has always taken with utmost seriousness - consolidating one-party rule, and rewarding its friends - is moving forward quite nicely.

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