Friday, January 18, 2008
Stop the presses! The economy is tanking!
Seemingly out of the blue, the Bush Administration and the Congress are talking about some sort of tax relief or tax rebates. The words you hear are "urgent," "immediate," "quickly," and so on. Congress has to act "immediately" to get out this money to taxpayers "quickly." Here's my question: did no one in Washington see this coming, say, a month ago, or three months ago, so that they could have acted in a considered fashion, rather than acting like a sudden emergency has developed? For sure there are tens of millions of people outside of Washington who could have told them that.