Tumblr Icon RSS Icon

WSJ columnist blames financial crisis on the War on Christmas.

By Matt Corley on November 20, 2008 at 1:48 pm

"WSJ columnist blames financial crisis on the War on Christmas."

Share:

google plus icon

dhenninger1.jpgIn his Wall Street Journal column today, Daniel Henninger argues that the “unprecedented economic ruin” that many Americans are facing is a casualty of the War on Christmas because “a nation whose people can’t say ‘Merry Christmas’ is a nation capable of ruining its own economy”:

Notwithstanding the cardboard Santas who seem to have arrived in stores this year near Halloween, the holiday season starts in seven days with Thanksgiving. And so it will come to pass once again that many people will spend four weeks biting on tongues lest they say “Merry Christmas” and perchance, give offense. Christmas, the holiday that dare not speak its name.

This year we celebrate the desacralized “holidays” amid what is for many unprecedented economic ruin — fortunes halved, jobs lost, homes foreclosed. People wonder, What happened? One man’s theory: A nation whose people can’t say “Merry Christmas” is a nation capable of ruining its own economy.

After cataloging a series of complex economic factors that do relate to the financial crisis, Henninger concludes that what really went wrong is that “the steady secularizing and insistent effort at dereligioning America” led to “subprime personal behavior by borrowers and bankers.”

‹ PREVIOUS
‘Joe the Plumber’ looks to cash in on his 15 minutes of fame.

NEXT ›
Democratic leaders: No deal reached on auto bailout.

By clicking and submitting a comment I acknowledge the ThinkProgress Privacy Policy and agree to the ThinkProgress Terms of Use. I understand that my comments are also being governed by Facebook, Yahoo, AOL, or Hotmail’s Terms of Use and Privacy Policies as applicable, which can be found here.