OUCH: “Here’s how to deal with a recession: A federal government which is already spending more than its income should borrow even more money, so as to give lots of people a tax rebate. This is the bipartisan plan of President Bush and Congress. They are taking a leaf from the presidency of Jimmy Carter. . . . But the 2008 tax rebate brings us full circle back to 1980, as the final year of the Bush administration increasingly resembles the final year of the Carter administration– including national malaise, getting tough on Israel but not on Palestinian terrorists, support for the DC handgun ban, the Olympics hosted by a communist regime with contempt for human rights, and a consensus that the current adminstration is lacking in competence.” I guess it’s Sucking in the Seventies: The Sequel. Oh, goody.
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