Remembering the collapse of Lehman Brothers


While we’ve focused this week on the eleventh anniversary of 9/11, don’t lose sight of another anniversary today — the collapse of Lehman Brothers.

It’s worth noting that the retrospectives we might see of that anniversary could further the narrative that the Obama campaign and Democrats want to tell: that the country is better off from four years ago beginning on Sept. 15, 2008.

It’s also an opportunity for third-party validators to talk about the deep hole the country was in from 2008 to early 2009. Now conservatives and critics might use the anniversary to examine TARP’s effectiveness and to make the case that Wall Street is better off than Main Street. But overall, 9/15 advances the narrative of the U.S. economy’s dire shape four years ago.”