Monday, November 29, 2004

Tweedledum, meet Tweedledee.

According to the New York Times, Bush is going to overhaul his economic team, largely because he previously had at least some token resistance to the totally failed ideas that have destroyed the economy, and now he want to go whole hog and finish the destruction.

This is a great statement:

"One senior administration official said Treasury Secretary John W. Snow can stay as long as he wants, provided it is not very long."


And I'll let you have all the money you want, provided it doesn't exceed three cents.

However, THIS is chilling:


"But Republican officials said Bush is also considering well-known officials from outside, including New York Gov. George E. Pataki (R)."


The truth is that George Pataki has borrowed New York State into oblivion. He's loves deficit spending, because it enables him to put off all the hard economic choices until they are somebody else's problem. He uses tax cuts as political tools, and damn the economic effect of piling up crushing debt. The result of his Governorship is that New York State is now DEEPLY in the red. During the 90s, almost the whole nation experienced an economic boom EXCEPT for New York State. Upstate New York is turning into a chain of ghost towns. And that change occurred during the Clinton miracle - one of the greatest economic booms in American history.

And Bush is considering him for economic advisor.

No comments: