Virginia Postrel comments on a WaPo interview with Howard Dean that gives her the impression that Dean is “the thinking man’s Cruz Bustamante” (which may actually be an oxymoron). It’s fairly clear that Dean’s still tacking left; quoth Virginia:

Dean is running as a guy who wants to control the economy from Washington and who sees business as fundamentally bad. “Any business that offers stock options” covers a lot of companies, including some of the economy’s most promising and dynamic.

Regulation tends to be relatively invisible to the general public, in part because it’s mind-numbingly technical. That makes it much more difficult to reverse, much easier for interest groups to manipulate, and much more dangerous to the general health of the economy than the taxing and spending that attract attention from pundits.

She also has a challenge for the so-called “libertarians for Dean.” Ultimately (assuming Dean gets the nod) they’re going to have to decide whether being pissed off because Bush knocked off Saddam Hussein is sufficient reason to hand the keys of the economy—namely the federal regulatory apparatus—over to a man who barely pays lip service to capitalism.

One of the classic quotes of politics comes from French neo-fascist Jean-Marie Le Pen. Asked, after losing in the first round of a French presidential contest (in 1988, I believe) to Jacques Chirac and François Mitterand, who he would back in the second round, he described the choice as one between “bad or worse”*; in 2004, hardcore libertarians are going to have to decide which is worse, but for now that honor seems squarely to belong to Dean.

Jacob Levy approvingly notes Joe Lieberman’s response to this nonsense. Like Jacob, I’d hate to see the Democrats return to their bad old protectionist ways, but outside a few DLCers like Clinton, Lieberman, and 1990s-Gore I don’t think the party ever really shed its protectionist bent; when Clinton spearheaded expansion of NAFTA to include Mexico in 1994, he did it with mostly Republican backing on the Hill.

Daniel Drezner comments as well, as does Andrew Sullivan; this is my entry in James’ inaugural Beltway Traffic Jam.