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Bush Economic Team Bloodbath

Whoa. Where did all this shit suddenly come from?

Lawrence Lindsey has quit and so has Paul O'Neill.

People critical of Bush's economic policies have been clamoring for the administration to "do something" about the economy. Hopefully, a new team of advisors will steer him far from decisions like the steel tarrifs and the bloated dumptruck of garbage which passed as the farm bill and aim Bush policy towards a more hands-off, tax-cutting, smaller government stance.

Respect individuals for their creative economic capability, allow them to shoulder the responsibility for their own welfare, and watch the US pull itself out of this financial slump.

UPDATE (11:00am):
Stocks have trended a bit upward at this news.

Text of O'Neill's resignation letter:

"I hereby resign my position as secretary of the Treasury.

It has been a privilege to serve the nation during these challenging times. I thank you for that opportunity.

I wish you every success as you provide leadership and inspiration for America and for the world."

Posted by drizzten on December 6, 2002 10:17 AM |

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