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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. She is currently on leave.
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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.

More on GOP Obstruction

By Megan McArdle
Oct 13 2011, 3:38 PM ET Comment

Andrew Sullivan posts an email from a reader arguing against the sometimes-popular counterfactual that Democrats would have happily obstructed McCain:

Ross Douthat apparently has a bad case of amnesia. We actually have empirical evidence on the question of whether congressional Dems would work with a GOP president to fix the economy. As the economy faltered in 2008, Bush asked the Democratically-controlled Congress to pass a number of economic measures. While Bush himself wasn't up for relection, Dems could have seen political hay in obstructing Bush, letting things tank, and then beat up on the GOP while doing nothing.

So what did the Dems do? In February of 2008, Congress passed a stimulus bill that included tax rebate checks - checks mailed with a prominent letter attributing them to President Bush, if I recall.

That measure passed with a majority of the Democrats supporting it, and a majority of Bush's own GOP *opposing* it! The same thing happened with the TARP bill in the fall of 2008; the Democrats were MORE supportive of Bush's emergency measures than the Republicans were. How can Ross possibly square that reality with a claim that just a few months later, in 2009, the Dems would have become utterly intransigent with John McCain replacing Bush?

Good point.  However, neither Andrew nor his reader seems to notice that this also provides evidence against the popular left-wing belief that the GOP is just hoping to bring the economy down so that Obama will lose, or reflexively opposing anything Obama says.

The GOP voted against TARP before there was any electoral benefit to doing so.  To coin a phrase, they were against stimulus before they were against it.  

This seems to signal that they were against these things because they thought that they were wrong, not because they thought that it was tactically useful to oppose it.


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