We Are So Screwed; Economics Edition

"The president commended the Federal Reserve for its urgent actions over the weekend. He praised Paulson for working with the Fed and showing `the country and the world that the United States is on top of the situation.' "

Ayup. Like they were when it came to managing the occupation of Iraq. Like they were when it came time to secure Afghanistan. Like they were when Hurricanes Katrina and Rita hit the Gulf Coast. Like they have been on oil prices or climate change.

Bush will completely fuck this up, because he only has two tools in his intellectual tool-kit: Killing people and cutting taxes for the wealthy. He has shown a complete lack of interest in any issue or problem that cannot be addressed by either of those two methods.

We are so screwed.