The State, editorial: In Time of Crisis, Our Leaders Fail Us
ON MONDAY, WE SAW that our nation is suffering from a shortage more profound than the looming collapse of credit — a leadership deficit.
The president can’t lead, and it seems painfully obvious that he knows it. As for Congress — after “leaders” worked across party lines for several days, we were treated to appallingly petty displays of partisanship before, during and after the 228-205 House vote against the rescue plan.
While sincere people had valid objections to the plan put forward by Treasury Secretary Henry Paulson, its rejection on Monday helped crystallize the fact that however flawed it was, there was one worse option: not passing it.
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