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Maybe that first, gigantic deficit the Reaganites piled up was an accident, just a combination of deluded ‘supply side’ tax cuts and a huge bag of good stuff for the Pentagon. But pretty quickly conservatives discovered that deficits, when done correctly, did something really cool: deficits defunded the Left.

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Conservatives may believe that impoverished borrowers destroyed Wall Street. But we liberals will not fool ourselves that stupid bankers sank conservatism for good.

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Whereas all liberals are thought to erupt self-righteously whenever they feel like it, conservatives believe that they themselves are never permitted to say what they really think.

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We have become a society that can’t self-correct, that can’t address its obvious problems, that can’t pull out of its nosedive. And so to our list of disasters let us add this fourth entry: we have entered an age of folly that – for all our Facebooking and the twittling tweedle-dee-tweets of the twitterati – we can’t wake up from.

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These days, of course, the focus of talk about popular liberation through products is mostly associated with the Internet. I’ve been collecting computer ads and ads dealing with Internet industries.

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In America, we no longer have an institutionalized, organized way of calling business to task – of taking them to account for what they’ve done – and this is especially true in the cultural realm.

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