
Monday, September 12, 2005
The George Bush White House has presided over three national debacles: 9/11, the war in Iraq, and now Katrina's destruction by Eric Margolis
National war fever and the lust for revenge that followed the 9/11 attacks allowed a small group of closet totalitarians, a cabal of neoconservatives and end-of-world religious fanatics to assume a dominant role in the Bush administration. They hijacked its foreign policy, and steadily pushed the U.S. into war.
By next spring, Iraq and Afghanistan will have cost at least $260 billion (US). Add some $200 billion for 9/11; and now a $100-billion-plus cleanup bill for Katrina, and even the mighty America is staggering under huge financial blows. These, and Bush's reckless deficit spending, are producing an onrushing tsunami of inflation.
By next spring, Iraq and Afghanistan will have cost at least $260 billion (US). Add some $200 billion for 9/11; and now a $100-billion-plus cleanup bill for Katrina, and even the mighty America is staggering under huge financial blows. These, and Bush's reckless deficit spending, are producing an onrushing tsunami of inflation.
Comments:
I'd like to see a list of the debacles the Clinton Admin presided over. Do you have such a list? How far back will you go? Kennedy Admin? FDR? It''s a fair question. I'd like to see a pedagogy if one exists. Thanks!
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