Monday, August 01, 2011

Debt Deal and the Presumption of Decency

The problem I have had with lots of the anti-republican commentary on the budget crisis (all the budget related posts on my facebook feed are anti-republican)  is what Ed Glaeser called in his npr this I believe note, a belief in the presumption of decency. A belief that while the other side may hold different opinions, they are still decent people. A belief that we should empathize with those we disagree with. A belief that if the same tactics were employed by people you agreed with, they would be seen as courageous. And finally, these commentaries all bothered me for buying into the histrionics, that this crisis may precipitate the end of the world, when not a single person with money on the line actually thinks so if you look at US interest rates which have largely been falling.
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