Say why does everything suck?

If you want to understand the Bush Economy, you need to read Paul Krugman. He's smart, he knows his stuff, and he knows how to explain it.

I quoted him in the last post, but he has another brilliant article this very day detailing the excuses and spins the Bush Adminsitration and their buddies are using to derail speculation that maybe President Bush's economic policies have something to do with the economic down turn.

"Officials often claim, falsely, that the 2001 recession began under Bill Clinton, or at least that it was somehow his fault. But even if you attribute the eight-month recession that began in March 2001 to Mr. Clinton - a very dubious proposition - job loss during the recession wasn't exceptionally severe. The reason the employment picture looks so bad now is the unprecedented weakness of job growth in the subsequent recovery.

Nor is it plausible to continue attributing poor economic performance to terrorism, three years after 9/11. Bear in mind that in the 2002 Economic Report of the President, the administration's own economists predicted full recovery by 2004, with payroll employment rising to 138 million, 7 million more than the actual number."

The whole article is entertaining, and of course, relevant to our discussion.