Megan McArdle points me to this terrific post by a commenter who goes by “Cynic.” All I know is that I want to read Cynic’s blog. I’m very glad to see that Ta-Nehisi Coates promoted the comment to proper blog post status. I thought that I’d try to excerpt from the post and comment on Cynic’s observations, but I find the post too awesome for that treatment. Read it and enjoy the rigorous thinking and sanity.