Seems to me that it's about time to try an actual political discussion, and see how civil we can all be. So here's a question, one that actually interests me a good deal.
I'm wondering what, if anything, the inmates here think the Bush administration will do to stimulate the markets. The question interests me because it will be one of the first times, maybe the first time, that ideology comes up against political expedience. As a good conservative, there is no doubt that Bush's ideology requires him to take a laissez-faire attitude, not intervene, and let the situation sort itself out. From the perspective of the political operators, starting out Bush's term with a prolonged market slump would be something close to a disaster. You and I know that the bull market and booming economy of the Clinton years had very little to do with Clinton (and nothing to do with Reagan/Bush), but politics is not about reality, it's about perception, and the Republicans do not want to create the perception that they preside over busts and the Democrats preside over booms.
Any thoughts, anyone? |
