| Coldheart's Truth |
| More Bush Voodoo Economics |
| Once again we find ourselfs in the clutches of voodoo economics, and once again we have a president Bush front and center. What is it this time?? Supply side economic?? Tax-cuts for the rich?? Corporate welfare?? Actually none of the above... What we have is 'superhero' economics... While admittedly I have a better practical understanding of micro-economics than macro economics, I still find the current economic state to be a bit staggering.... After spending five years in post high school education, taking several economic classes and graduating 2 accounting classes short of a business minor, I felt I had a decent theoretical understanding of economics. I took classes that taught me all about economic cycles, supply and demand, location strategies, market share, and all sorts of other business theory.... Running retail level stores and working in sales management I honed my skills in P & L statements, sales costs, margins, budgets, marketing, and successful hiring and training of the right people for the right job. But after all that... I am baffled. As I am sure are all by economic professors, the authors of the economic text-books, those students who found their way into a job in economics somewhere, and former employees who judged my performance by those economic factors. It seems that all our hard work was all for naught. Economic theory, is only that.... theory. Supply and demand, market strategy, margins, sales costs, business cycles.... all a worthless waste of time. After all, it has been explained to me now, and I have seen the light. The economy is controlled by one with superhuman powers to bend the will of an entire economic system with no more than mere words. The economy is controlled entirely by one man..... George W. Bush. And moreover, President Bush is to blame for our economic slowdown by way of nothing more than his words. Yes, my friends, George W Bush has successfully 'talked down the economy'.... Is it possible to be that powerful, and not wear a cape and mask?? Apparently so... What's odd, however, is the same people who adhere to this 'superhero' theory of economics, believe that the one person powerful enough to leap large buildings in a single bound, and create economic slowdown with a single word..... really isn't qualified to lead a soapbox derby club at the local YMCA. Strange logic, but in this case, it's all they got. If one looks at the economy, and judges it by traditional standards of economic theory.... It is hard to place blame on George W Bush. However, since we all know he is to blame.... this 'superhero' theory is the best logical conclusion. Economist (for whatever they are worth now) have determined that the current recession started in March of 2001. We certainly cannot place blame on Bush's budget, since March was only approximately half way through the budget bartered by last years legislators, and signed by our former President. Certainly we cannot blame a tax-cut that hasn't taken effect yet for a recession started 9 month ago. We cannot blame his new education bill, and we cannot blame refund checks that went out in September and October. Since we know it has to Bush's fault.... We know better than to talk about economic cycles, or the inevitable busts that come from boons. We cannot talk of ancient legends such as stale inventory, and relative manufacturing slowdowns, decreases in demand leading to too much supply. Nope, that theory stuff is moot in the new world of 'superhero' economics.... There is only one hope for us, ladies and gentlemen..... Our President must grab his mask and cape..... use his superpowers of speech and simply "Talk the economy back up". I am not sure that this is the Coldheartedtruth.... but what the hell. |