Monday, May 22, 2006

A Leading Indicator

I heard someone on NPR point out that immigration has been a flashpoint issue at times of economic trouble. The News of the Week in Review in Sunday's Times made the same point.

Now, the administration and its apologists have gone to great pains to argue that the economy is in great shape. Could it be that the immigration debate is a way for hard-pressed Americans to dissent from that line? We might also ask whether the sudden, sharp decline of the stock market is a recognition that--not for the first time--the people know more than the experts.

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