The Washington Idiocracy is in full steam to do something, nay anything about the economy. Probably end up being a tax cut for the rich based on the "trickle down" theory popular during the Reagan idiocracy.
The tax cut will result in more debt, which will ultimately result in worse economic problems and the rich will get richer while the poor get poorer.
There's a good reason that economics is known as the "dismal science".
Wake up fools. Among the reasons we are in trouble and headed for more trouble is massive debt, much of it held by foreign powers such as China.
Will it reach the point where China forecloses on us? Are we becoming a third world country, poor, debt ridden and constantly at war?
A wakeup call is coming and you may not like it.
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I wrote the above yesterday, 1/17/08. Today the village idiot announced the following:
Bush Calls for $140 Billion Economic Aid Package
The debt rises. The situation eventually becomes worse. When will they ever learn?
If these people were MD's and you went to one complaining of a headache, the treatment would probably be amputation.
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