Deep Thought

I wonder if Kevin Hassett’s economic screeds would get as much attention if they were advertised as columns from the co-author of “Dow 36,000: The New Strategy for Profiting From the Coming Rise in the Stock Market,” the 10-year-old classic of economic buffoonery. For example, this Instapundit link would become:

“Dow 36,000″ Author: Obama Tells American Businesses to Drop Dead.

Hassett and James Glassman argued that “stocks were undervalued” when the Dow Jones Index was roughly 25 percent higher than it is now.