Once upon a time, the United States had a crisis. Our financial system collapsed; our investment funds were exposed as Ponzi schemes; stock prices cratered; and unemployment soared. Times were grim. So the United States did what it always does in crisis, when all other hopes have failed and no other choice remains: It put the Democrats in charge.

The Democrats came to Washington in droves, filling Congress and the White House and government agencies. They stood and told the people, “We cannot let a good crisis go to waste!” The people were pleased; this crisis was a triple-whammy doozie, and if the Democrats would leverage something this severe into a wave of reforms, we’d all be in good shape.