FROM BOOM TO BLAH

Thanks to the generosity of my son Philip. I’m enjoying a chapter at a time, the best way to read a really good book, Tom Brokaw’s Boom. It’s a must heed. It centers on 1968, an era which produced among other things our current administration and economically at least they’ve come full circle. That’s because this January was according to our nation’s retailers the worse retail month since January 1968. Between a tighter job market and a credit crunch (no one supports visa like the Bush’s credit laws) customers just aren’t consuming. Add to that a cock-eyed tax policy of refunds for the richest (people who make more that a million dollars a year actually do drive the car they want) and you’ve got Bushononmics the worse in 40 years. as Mr. Bush likes to say history will judge him; and like all the other debts he’s ever run up, he expects not to be responsible.