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Megan McArdle

Megan McArdle - Megan McArdle is a senior editor for The Atlantic who writes about business and economics. She has worked at three start-ups, a consulting firm, an investment bank, a disaster recovery firm at Ground Zero, and The Economist. More

Megan was born and raised on the Upper West Side of Manhattan, and yes, she does enjoy her lattes, as well as the occasional extra-dry skim-milk cappuccino. Her checkered work history includes three start-ups, four years as a technology project manager for a boutique consulting firm, a summer as an associate at an investment bank, and a year spent as sort of an executive copy girl for one of the disaster-recovery firms at Ground Zero … all before the age of 30.

While working at Ground Zero, Megan started Live From the WTC, a blog focused on economics, business, and cooking. She may or may not have been the first major economics blogger, depending on whether we are allowed to throw outlying variables such as Brad Delong out of the set. From there it was but a few steps down the slippery slope to freelance journalism. She has worked in various capacities for The Economist, where she wrote about economics and oversaw the founding of Free Exchange, the magazine's economics blog. She has also maintained her own blog, Asymmetrical Information, which moved to The Atlantic, along with its owner, in August 2007.

Megan holds a bachelor's degree in English literature from the University of Pennsylvania and an M.B.A. from the University of Chicago. After a lifetime as a New Yorker, she now resides in northwest Washington, D.C., where she is still trying to figure out what one does with an apartment larger than 400 square feet.

Obama: You've Got Me

By Megan McArdle
Jan 26 2010, 11:38 AM ET Comment

If this is true, it's pretty incredible:

Berry recounted meetings with White House officials, reminiscent of some during the Clinton days, where he and others urged them not to force Blue Dogs "off into that swamp" of supporting bills that would be unpopular with voters back home.

"I've been doing that with this White House, and they just don't seem to give it any credibility at all," Berry said. "They just kept telling us how good it was going to be. The president himself, when that was brought up in one group, said, 'Well, the big difference here and in '94 was you've got me.' We're going to see how much difference that makes now." [snip]

"I began to preach last January that we had already seen this movie and we didn't want to see it again because we know how it comes out," said Arkansas' 1st District congressman, who worked in the Clinton administration before being elected to the House in 1996... "I just began to have flashbacks to 1993 and '94. No one that was here in '94, or at the day after the election felt like. It certainly wasn't a good feeling."

There has been some disagreement among political analysts that I trust as to whether Obama's advisors started believing their own propaganda--whether they really believed that everything had changed, and they were FDR 2.0.  But this suggests an arrogance far beyond that.  This suggests that Obama genuinely believed that he was entirely untouchable.  That may explain a lot about the past twelve months.


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