...after decades of our being relentlessly bleated to that the only way to have a good economy is slavish devotion to free markets, a report has been sprung saying oh gee whaddya know, that shit's actually wrong:
A report issued last month argues that the bank’s previous stance had things backward: Government intervention, when done right, can actually be an essential ingredient of economic success. Industrial policy “should be considered in the national policy toolkit of all countries,” the report concludes.Oh, and the bank they're referring too? Only that super-liberal pinko commie outfit known as (checks notes)(checks notes again) the World Bank.
“It’s hard to overstate what a big deal this is,” Jake Sullivan, who served as national security adviser under Joe Biden, told me. “The most important institutional voice in development economics just admitted that much of what we thought we knew about what made countries prosper was wrong.” The reversal is a bit like when the U.S. government announced that dietary cholesterol and fat are actually fine, conceding that decades’ worth of nutritional advice had been in error.
Brian: Look, I'm not going to Colorado. I'm turning around and going home.
Stewie:
Fine, then, I'll go by myself. See you from the back of my milk carton.
Want that on your conscience, Brian? Try explaining this to Lois.
You'll wind up in a dumpster with a bunch of slow, unadoptable
greyhounds.
Brian: Don't joke about that! That's like the Holocaust to us!
Stewie: Yeah, well, when greyhounds start running The New York Times and the World Bank, I'll be more inclined to believe you.

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