Even the failure of Lehman Brothers, which sent the economy into a full meltdown, initially didn’t put a dent in conservative denial. Kudlow hailed the failure as good news, because it signaled an end to bailouts, and predicted housing and financial recovery in “months, not years.”

Wait, there’s more. After the economic crisis helped Barack Obama win the 2008 election, right-wing pundits declared that it was all a left-wing conspiracy. Karl Rove and Bill O’Reilly accused the news media of hyping bad news to enable Obama’s socialist agenda, while Rush Limbaugh asserted that Senator Chuck Schumer personally caused the crisis (don’t ask).

The point is that Trump’s luridly delusional response to the coronavirus and his conspiracy theorizing about Democrats and the news media aren’t really that different from the way the right dealt with the financial crisis a dozen years ago. True, last time the crazy talk wasn’t coming directly from the president of the United States. But that’s not the important distinction between then and now.

No, what’s different now is that denial and the resulting delay are likely to have deadly consequences.

It’s not clear, even in retrospect, how much better things would have been if right-wingers had recognized economic reality in 2008. Years of deregulation and lax enforcement had already weakened the financial system, and it was probably too late to head off the coming crisis.

Virus denial, by contrast, squandered crucial time — time that could have been used to slow the coronavirus’s spread. For the clear and present danger now isn’t so much that large numbers of Americans will get sick — that was probably going to happen anyway — but that the epidemic will move so fast that it overloads our hospitals.

By not instituting widespread testing from the start, the U.S. has ensured that there are now cases all over the country — we have no idea how many — and that the virus will spread rapidly. And even now there is no hint that the administration is ready for the kinds of public health measures that might limit the pace of that spread.