"President Considers A Boost to Economy"

I almost forgot about this...when I first saw the title, I thought it was a joke. How can a guy who's given trillions to Iraq (and the "reconstruction efforts"), refuses to make corporations pay for outsourcing American jobs (among other things) and didn't veto a single spending bill until the Democrats took Congress ever come up with a way to "boost the economy?" Promise an Playstation 3 to every shopper?

Well, here's what he had to say:

"In terms of any stimulus package, we're considering all options, and I probably won't make up my mind as to whether or not I lay one out until the State of the Union," Bush told the Reuters news agency in an interview. He added: "We are listening to a lot of good ideas from different people. We've got our people out there carefully, not only monitoring this situation but listening to . . . possible remedies."


That doesn't exactly fill me with confidence. The guy's the friggin president and he's acting like the prospect of a recession just revealed itself. And of course he wants to wait until the State of the Union; that's the only time this year when he'll have command of the audience (and hopefully, the last time). After Janaury, Bush will have to attack Iran in order to draw attention away from the elections.

Anyway, this sounds like Bush will employ one of his tried-and-true tactics: apply the exact same solution his applied to a problem of similar origin. Remember Iraq? Every time there was an issue, his solution was more troops: escalation, surge, New Way Forward, whatever. A corrupt or incompetent cabinet member? Stand by them until the very last minute.

Now the issue is the economy; so my guess is that the solution is either tax cuts or privatization of some sort. And the article gives us a hint:

Aides have previously said Bush was considering stimulus proposals, mainly in the form of targeted tax cuts, and the president's comments indicated he may unveil them in coming weeks. He is scheduled to meet today with a working group on financial markets led by Treasury Secretary Henry M. Paulson Jr. and is to give an economic speech in Chicago on Monday. Aides said no decision will be made until he returns from a trip to the Middle East on Jan. 16. His State of the Union address is scheduled for Jan. 28.


Sigh. What a broken record.

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