Bush as Economic Bogeyman
Monday, February 9th, 2004There was good, intriguing stuff on Saturday from what is perhaps a suprizing source: the Nederlands Dagblad (“Dutch Newspaper”), which with its slogan Christelijk betrokken (“Involved in Christ”) on the masthead of its Internet edition puts its religious affiliation front-and-center. The ND has taken its time in considering the State of the Union message and fiscal 2005 federal government budget George W. Bush delivered over a week ago, presumably the better to produce a more profound analysis to share with its readers. The main point of that analysis is found in the article’s title: How George W. Bush Threatens the World’s Economy. The US has gone from Bill Clinton’s $127 billion budget surplus to a deficit of $521 billion, and, so writes author Ruurd Ubels, that has earned the President “scorn and derision” in his own country. But troubles like that in the world’s biggest economy cannot help but spill over to others. (more…)