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You probably don’t remember this, or never knew about it to begin with, but the Wall Street Journal ran an editorial back in 2009 arguing that the weak stock market at the time was a result of investors evaluating President Obama’s “agenda and his approach to governance.”
Lots of other conservatives — Fox News, Rush Limbaugh, Karl Rove, et al — were singing the same tune. They contended that Obama was pursuing a course of unprecedented American socialism, and Wall Street was reacting with revulsion. To hear them tell it, the man was a veritable Marxist.
But, of course, we don’t hear too much of ...
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