Henry Kissinger once pointed out that since Peter the Great, Russia had been expanding at the rate of one Belgium per year. All undone, of course, by the collapse of the Soviet Union, which Russian President Vladimir Putin called “the greatest geopolitical catastrophe of the (20th) century.”
The many jaundiced assessments of the American Recovery and Reinvestment Act on the fifth anniversary of its enactment were understandable, given that the sluggish recovery, now drowsing through the second half of its fifth year, is historically anemic.
The Dow Jones industrial average often makes headlines. But let's not forget everything else that happened as the Dow has twisted and turned Ñ from The Muppets suing Mickey Mouse to John McCain meeting Joe the Plumber.