If taxes are extortion, deficit spending is secret extortion.
If I were a suspicious person, I'd think the plan was to "talk down" the economy from Day One, and do whatever it took to exacerbate the deflation of the bubble as quickly and dramatically as possible, as soon as Bush/Cheney took office.
This has many benefits. One, it allows a bigger recovery, by comparison, in 2004 election cycle. Two, it allows more power to the central government for another trillion or so in "pump-priming" spending, sure to be authorize by Congress, and planned and directed by the Executive Branch, for the purposes they wish, i.e., paying off Bush Inc. and friends.
But I would never think so conspiratorially. |
