That's how our country seems to be governed at the moment.
|Unemployment Creeping Back Up (Data from BLS)...|
|...while the DOW is Lurching Downward.|
Ultimately, the Problem is one of "Beliefs" vs. an Understanding of How the Economy Actually Works
The right is wrong in believing that the government shouldn't play any role in the economy, because that amounts socialism. Of course, government *has* to have a role in the economy, especially in a recession (and yes, we're still in a recession, right?). Also, who's going to run the Federal Reserve? Bank of America? Well, at least it has "America" in its name, and that's good enough for me!
And lastly, would someone, for the love of any deity you choose, please tell me exactly *when* the Bush tax cuts are going to kick in to save the economy and increase jobs? I'd love to know, because while corporations enjoy record profits, the new debt deal would cost up to 1.8 million jobs. That doesn't make a lot of sense to me...