Saturday, July 15, 2006

 

How about that economy, eh?

Things haven't been going extraordinarily well for Americans as far as money goes. There is less business investment than in 2000 and millions fewer jobs. And there are dark clouds on the horizon: the housing bubble is ready to burst, unsustainable trade deficits, negative household savings rates for the first time ever. Even the vice-president is uneasy about the future.

Maybe that is why the administration isn't getting credit for the economy: most Americans feel that blame is due. When times are good, presidents say it's their brilliant policies that brought it about. While when things go sour they whimper how little power they have. But that's politics for you. If you're looking for substance you're almost sure to get spin instead.

Money troubles are cited by most couples as the primary cause of their divorce. A faltering economy is going to have mor far-reaching impact than simple money matters. Families are at stake. Ominously, the Defense of Marriage Act says not one word about the #1 cause of divorce in America. You'd think it would at least get a mention!

But that's just another way politicians are different than you and me. If I had a problem to solve I'd think it was a good idea to start with the number one cause.

But that's just me.

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