emily x

Does Bad Economic Policy Lead to Greater Financial Regulation?

I agree that the economic policy (if you can call it that) of the last 8 years has "created incentives for undisciplined behavior" (to say the least). But it looks to me like the slide in the value of the dollar is the result of several forces coming together, the main one being the administration's desire to make, or allow, the dollar go as low as possible. Far from being the result other nations' losing faith in us, the extremely weak dollar is very much a feature of current republican economic policy. It's a cause, not an effect.

President Bush Envisions a Soft Landing — What Does He Know?

"It is notable that the president does not see any problems with the lack of fiscal discipline that has roughly doubled US debt during his reign." -- Of course not. Because to him and almost every other republican, it's not a lack of fiscal discipline -- it's a phenomenal growth strategy that has been "working" (with one 8-year exception) ever since Reagan was first inaugurated. All hail.