Fremon

Corporate America Is Inadvertently Helping Obama

The Republicons have sold themselves as the party of the economy expertise. Yet, under the Democrats the economy has fared better. Reagan, Bush 1&2 increased the debt of the country more than the balance of the presidents combined. Some say it was planned so that we would be come so over indebted that we would have to starve programs like medicare and social security. I don't see it that way, I see it as incompetence and bankruptcy of an ideology based on trickle down economics and getting the rich richer at the expense of the balance of the citizens. They could not do it alone and had fellow travellers like Greenspan who ignored human frailties like greed and believed in markets and management that were self correcting and would work for the benefit of their companies. Lehman Bros with Fultz put an end to that notion. Of course, Greenspan was hoodwinked by the bankrupt philosophy of Ayn Rand who thought that acting in one's self interest would be tantamount to acting well.