February 29, 2008

Bush Fiddles As US Dollar Burns

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Readers will already know what I feel about Bush's economic prowess, and the fact that he is still in denial about recession, stagnation and inflation or Stagflation as the cheerleaders on CNN now call it. I even heard a right-wind talk radio shill talk about how we have had continued economic growth under Bush - as a dig to the Clintons. I'm sure this asshole has his kid in one of those soccer leagues where every kid gets a trophy for trying.

Look a little closer Bush fans, how does that tiny growth compare with a dollar that keeps on sinking, a huge trade deficit to China, and the continuous rise of food costs and how about this little gem:

As in previous years, the budget relies on omissions
and optimistic assumptions that have the
effect of understating the size of the fiscal
problems it creates.
Source: Summary and Analysis of the President’s Fiscal Year 2008 Budget

Their answer to this and other problems? PRINT MORE MONEY!!! You might as well print your own money at home - at it's current rate the dollar will be as valuable as Monopoly money by the end of the Bush administration.

I'd complain more on the subject but I have to get ready for an interview - That's right Bush we poor folk need to work more than one job to get by - even with your lame ass rebates!



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