Bill Kristol wants you to remember

His hands remain completely clean over the events of the last 8 years. That is all you need to know.

Indeed, one hopes they’re (the Obama Administration) not too invested in the findings of the economics profession of which they’re such distinguished products — because one suspects many of the conventional answers of that profession aren’t much applicable to the current situation. After all, wasn’t it excessive confidence in complex economic models and sophisticated financial instruments on the part of people well educated in modern economics that helped get us into the current mess?