"The worst government the US has ever had"
One of the most respected economists around, the Nobel Prize winner for economics, Professor Akerlof, doesn't mince words when speaking of the current Bush administration:
"I think this is the worst government the US has ever had in its more than 200 years of history. It has engaged in extraordinarily irresponsible policies not only in foreign and economic but also in social and environmental policy. This is not normal government policy..."
"A more likely effect of the deficits is this: If there's another recession, we won't be able to engage in stimulatory fiscal spending to maintain full employment. Until now, there's been a great deal of trust in the American government. Markets knew that, if there is a current deficit, it will be repaid. The government has wasted that resource. "
"Future generations and even people in ten years are going to face massive public deficits and huge government debt. Then we have a choice. We can be like a very poor country with problems of threatening bankruptcy. Or we're going to have to cut back seriously on Medicare and Social Security. So the money that is going overwhelmingly to the wealthy is going to be paid by cutting services for the elderly. And people depend on those."
read the whole article :
http://www.spiegel.de/wirtschaft/0,1518,258983,00.html======================
If we keep bombarding Conservatives with such messages, one of them may be the straw that breaks their back, or the tiny hole in the dike that is the beginning of the end.