Wednesday, December 24, 2008

In the Good Old Days

There's a reason that people called them the roaring twenties. They were too drunk to see the bad old thirties coming. I don't know how we're going to refer to the nineties, but most people were too high to see the current decade coming. George W. Bush said in the liked article that he didn't want to be seen as another Herbert Hoover. I can guarantee that nobody will. Herbert Hoover was a brilliant economist who had served as Secretary of the Treasury. George W. Bush was elected Governor of Texas because his dad had been president once.

Skip ahead to their reactions to crisis. When the stock market fell to hell on Black Tuesday, Herbert Hoover said that the economy would correct itself and wanted to let the free market do its thing. When George W. Bush saw the stock market implode after September 11, 2001, he sent troops without going to war. If he would have gone to war he could have mobilized the entire economy towards the war effort like every other president has in war time so that the economy would improve during the fighting, but Georgey wouldn't know that because he's dumb. Then, seven years later, when the economy had gotten even worse, he decided to print $700 billion dollars and give it away because he doesn't know how inflation, exchange rates, or the basic principles of supply and demand work.

George W. Bush would be lucky to be remembered even close to Herbert Hoover because most people credit Herbert Hoover with getting stuck in the wrong place at the wrong time. George is just stupid.

1 comment:

  1. And this, upon other reasons, is why I didn't vote for him in round 2 in 2004. That and he really had no reason to declare war on Iraq. Pakistan? Maybe. Iraq? Why? Oh right, no real reason. Just cause. Economical failure, what a great note to leave on.

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