Monday, January 09, 2006

From Voodoonomics to Bushonomics

His republican peer earned a name for his economic policies--Voodoo economics and Raganmoics-- and he is following almost same set of policies focused on a short term life support system for the economy. Sigh! I wished his policies were more sustainable in the long run. About Sebastian Mallaby I can say only one thing--When non economists start writing about economics the only thing stop reading and start thinking.
What Democrats Miss in Bushonomics: "Faced with strong growth, full employment and a
productivity miracle, Democrats insist that something is profoundly wrong. Responding to President Bush's economic speech on Friday, the Senate's top Democrat complained that 'the benefits of economic growth still have not reached many hardworking middle-class families.'"

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