July 15, 2006

Another Crank Call

Dr X. posts this from the office of Luck You Economic Research and Storm Door Company:

"Federal Reserve Study: We're broke.

"This, of course, cannot be the fault of one person. It is the product of a system. And that system is George W. Bush.

"From the article: 'The figure is massive because President George W Bush has made major tax cuts in recent years, and because the bill for Medicare, which provides health insurance for the elderly, and Medicaid, which does likewise for the poor, will increase greatly due to demographics.'

"Stand by for Step #46 in the Latin Americanization of the United States - rich people send their money abroad. Don't worry, it will only hurt for a generation or two."


Blogger First Sea Lord said...

It's moments like this that I can take comfort that Dr. X is only expressing an interested amateur's opinon on these critical economic matters...excuse me, what? ..oh. Oh dear.

July 16, 2006 at 1:51 AM  

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