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Tag: "Kevin Phillips"

4
The current proposed bailout is only a Band-Aid

The current proposed bailout is only a Band-Aid

The real problem with the economy of the United States is massive debt.  Sooner or later, we’re going to have to change our ways, and it’s not going to be pretty.  How much work? Consider this description of the amount of debt, by Kevin Phillips:
We’re not just looking at a real estate mess. Over the [...]

2
George Bush has fixed our ailing economy!

George Bush has fixed our ailing economy!

Thanks, President Bush, for taking care of the problem!  Now all let’s get back to our wasteful, ignorant, self-indulgent American lives!  Let’s add another new big screen TV to the credit card!
What else is a reader of the St. Louis Post-Dispatch supposed to think when scanning this headline: “Stock market smiles, thanks to bailout.   Administration [...]