IF THE STOCK MARKET IS A CONTEST BETWEEN GREED AND fear, elections are a contest between hope and fear. This year fear is winning. We have gone way beyond the traditional red scare or Medi-scare deployments. The Kerry campaign warns darkly that the President has secret plans to do all kinds of nefarious things upon re-election: reinstate the draft, privatize Social Security and, brace yourself, lower dairy prices--the prospect of which in Wisconsin, where Kerry made the charge last month, can make a grown man cry. Of course, the biggest "fear" scandal of the campaign thus far (the night is young)...
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