Monday, May 15, 2006

Living in a Cloud



Here's more proof that Conservatives are absolutely nuts. The current administration is buying a growing economy on the backs of our children - with huge trillion dollar debts that are going to come crashing down around our ears at some point if we don't get control. And the believers won't even acknowledge it. Read the article and just keep in mind - $10,000,000,000,000 debt ceiling.






As all the pollsters are telling us, there's an inverse relationship between rising gasoline prices and President Bush's falling approval ratings - most especially his approval rating on the economy. Of course, these polls describe a certain national angst over energy that harkens back to the dreadful 1970s. But there's a better reality out there: Namely, the upturn in gas prices simply is not stopping the economy the way it did three decades ago.

Today's economy may be the greatest story never told. It's an American boom, spurred by lower tax rates, huge profits, big productivity, plentiful jobs, and an ongoing free-market capitalist resiliency. It's also a global boom, marked by a spread of free- market capitalism like we've never seen before.




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