Quote of the Day

Jonathan Chait, writing for New York magazine, about how the economic elite have not much experienced the current recession, and therefore have done little about it:

I live in a Washington neighborhood almost entirely filled with college-educated professionals, and it occurred to me not long ago that, when my children grow up, they’ll have no personal memory of having lived through the greatest economic crisis in eighty years. It is more akin to a famine in Africa.