Bush To Blame For U.S. Economy. Really?
Nobel Laureate economist, and former World Bank chief economist Joseph Stiglitz answers the question of who’s to blame for the U.S. economic mess we’re in. Like we didn’t already that answer!
The government of George W. Bush, and Alan Greenspan are the culprits, according to Stiglitz:
“His first one was to support all the tax cuts which were introduced under Bush — they didn’t stimulate the economy very much …
What? Too many tax cuts aren’t a good thing? Geez, I wonder why? He also went on to say that the burden caused by the war in Iraq was a major factor as well.
Well, what the hell are we to expect from a president who before he got into politics managed to bankrupt every company he had control of? Bush is no more a business man than he is a master of the English language! It is comforting to know though, that the person who wants to replace him as president also claims that “economics is not his strong suit either.”
That sure is reassuring isn’t it?
Technorati Tags: Bush, US Economy, Alan Greenspan, Joseph Stiglitz, Tax Cuts
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