Sunday, March 16, 2008

It's The Stupid... Stupid

However 'temporary' this latest economic manifestation is, it speaks volumes about BubbleBoy and his Gentleman C of an MBA. The Eurozone has caught and passed us in GDP per capita. It's amazing what a non-tax-payer-funded war, tax cuts for the rich and an deregulated financial industry can do for ones economy.

Of course, for the 'serious' people out there, we have been undergoing a sustained period of economic growth unparalleled in American history... riiiiight!

As economic miracles go, I would say this one could have been pulled off by a two bit magician in a very average vaudeville touring show.

Still, the dollar is now on a par with the Albania 'Lek', so there is always hope!

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