Bush economy 
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Mon Sep 29, 2008 at 02:56:37 PM EDT
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In a statement released today along with his "No" vote on the bailout bill, Congressman Rothman about sums up my feelings:I think there are better ways to fix the economic problems caused by this Administration than this trickle-down Wall Street bailout program. The bill hints at, but does not make the necessary regulatory changes, fails to require direct relief for local banks and homeowners, and totally ignores the need to invest in infrastructure, energy and other economic stimulus endeavors that are so urgently needed to lift up our economy and our people. Now, I'm no economist. I just play one in the comfort of my home. And I do think there's a bill yet to be written that would not only help repair today's damaged economy, but prevent future recurrences of today's crisis.
But, the President's bill isn't it.
And how it came to be that so many in the Democratic leadership (and 4 of our NJ Democratic delegation!) were/are falling over themselves racing to back the unpopular President on this even more unpopular bill defies explanation in an election year.
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