(no subject)

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(no subject)

Ok, so the more republican congress and the prez just raised the debt ceiling so we can increase government spending even more, with the tax breaks intact. The market goes rocky. Greenspan, a conservative guru, notes the dangers of this move as the $ is already devalued and comments that it's dangerous to have so much of the US economy in debt to foreign investors. The market plummets, and the dollar is even weaker as the US economy is in such bad shape that we're seen as riskier than we have been in hundreds of years. The dow looks flacid.

Is it me or are the alleged conservatives bad for the economy?