Confusion about the economy
by Ethelred, Wed Jan 03, 2007 at 01:36:45 AM EST
I personally believe that 2007 is going to make 1929 look like a tea party, but that is irrelevant.
What is relevant is that if the economy craters in 2007, it IS BUSH'S FAULT.
We've had 6 years of pure Republican, doctrinaire control of the economy: the Administration, the Congress, and the Federal Reserve (Greenspan toadied to Bush like no Chairman before him has toadied to a President).
Tax cuts we couldn't afford, spending to subsidize the rich that we couldn't afford, interest rates that blew a hole in our equity markets, and a billion dollars a day to fight a losing war.
IF THE ECONOMY CRATERS IN 2007, IT IS BUSH'S FAULT.