It's so predictable.
Whenever a government or leader follows the left's playbook and the results "uexpectedly" don't turn out to be anywhere near what was desired, it isn't the policies' or the leader's fault. No-no-no. During the Mayor David Dinkins era in New York City, it was because Gotham had become ungovernable by any human being – until Rudy Giuliani took over. During the Carter Era, the conventional wisdom was that America had become too unwieldy and ungovernable — until Ronald Reagan righted the ship. We're now hearing a similar refrain about the U.S. economy after seven-plus years of Keynesian economic policies, except that, as we'll eventually see, it involves recycling. On Friday, Jacob Davidson at Time.com engaged in a lengthy excuse-making exercise (HT Hot Air Headlines; bolds and numbered tags are mine):