President Bush talks about the economy, a topic he has proven himself qualified to discuss on par with his podium’s ability to explain game theory. Not that it matters, of course, because the best a president can do is get in the way. Talk of helping is politics, not economics. As it was today:
President Bush today blamed Congress for many of the nation’s economic woes, charging that lawmakers have blocked his proposals for dealing with problems ranging from soaring gasoline prices to the increasing cost of food.
Free Money economic stimulus package the solution? That hasn’t even gone out yet, so it’s advertised benefits are unproven. I did get the letter telling me I might be getting the Free Money. I won’t, but why let that save me the cost of the postage and paper?
And he charged that instead of dealing with rising food prices, lawmakers are “considering a massive, bloated farm bill that would do little to solve the problem” and would not “eliminate subsidy payments to multimillionaire farmers.” Describing the U.S. farm economy as “thriving,” Bush said now is the “right time to reform our nation’s farm policies by reducing unnecessary subsidies.”
When he vetoes one of these massive, bloated farm bills, maybe I’ll think he’s serious.