Thursday, September 25, 2008

Like a lot of addictive personalities, Bush favors simple solutions to complex problems. His favorite solution is just to go shopping.

So America is in a deep crisis based on the fact that our economy borrows more than it makes. Consequently, lenders are less interested in lending, and consumers are less interested in consuming. All this sounds natural.

Jump-start the economy by pushing money into the hands of financial institutions in the hopes that they will keep lending Americans more money so Americans can continue to buy things that they can't afford? Why is Bush so sure that this will work? And how does it become a long-term solution to the problem of over-consumption?

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