The Bush Program, Part II

The New York Observer isn't finished with Bush:

"As a result of Mr. Bush’s clumsy economic stewardship and the potential cost of a war, the country is facing an economic debacle which threatens to flatten us. When Mr. Bush took office, the Congressional Budget Office forecast a 10-year surplus of $5.8 trillion. Now the country may be looking at a 10-year deficit of as much as $3 trillion. If that happens, it will send interest rates to the moon. It almost seems as if this country is being run like a banana republic. Last week, the Committee for Economic Development—a nonpartisan business group—urged the administration to initiate tax increases and spending cuts, warning that if the White House does not do so, "investment, productivity and living standards will suffer." It won’t be long before the return of the "misery index," that unsettling calculation of inflation plus unemployment—note that the U.S. has lost two million jobs since Mr. Bush was elected."

Just how much longer are we all going to remain silent?