HEY, THAT’S WHAT I SAID YESTERDAY: Things Could Actually Get A Lot Worse. “When systematic policy error results in low demand, it’s as likely that the error will be sustained or compounded as it is to be rectified. In such cases, every bottom is ephemeral, and there is no darkness that can’t grow darker still.” And it seems to me that we have a political class that is well-suited to systematic policy errors.