All the clues the Bush administration missed about the economy
Posted by John Hummel on December 4, 2008
Remember how the Bush administration was shocked – shocked! – to discover that Iraq didn’t really have WMDs? Or that the levees around Katrina wouldn’t break (even with all of the warnings that they would)? Or – as it turns out – they didn’t seem to notice that there was a gigantic financial failure looming either.
My bet: they were hoping nobody would notice until 2009, and then they could blame it all on the Democrats. If only we had given them a few more months!
