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Bring Greenspan Back

Daniel Roe
Poster: Daniel Roe @ Tue Apr 08, 2008 7:29 pm

Presidential candidatin' time once again, and for some people, it's time to ignore what actually matters and pick the dumbest issue possible to vote on.

In 2000, it was re-introduction of Pogs as a national trend. In 2004, it was gay marriage.

Now, it seems to be the economy. Except not. No it's about Change... no wait, it's about Hope!

That's it, hope!

Can you tactilely feel hope? Can you unfold some hope from your wallet and buy bread when it costs $40 a loaf?

As we're seeing, people chosen to head government agencies like "The Fed" have a bigger impact on your life than your perception of the president.

Unfortunately, that will have no bearing WHATSOEVER on who is elected in November.

Let's do a summary of economic policy from the 2 (3? No) frontrunners:

Obama's economic policy (at least, from his website) is an unending litany of nonsensical and mostly nonspecific populist cliches and exploitation of common economic misconceptions. It's kind of like a checklist of stereotypical democratic voting blocks.

I'm not going to go through all of it. Just bring it to any econ professor who's a fan of monetarism (PS, Alan Greenspan's a monetarist). Bring tissues, it'll be emotional.

Meanwhile, you have McCain who will probably soil his adult diapers and have a stroke in an inhuman surge of glee and vomit if he ever gets elected. Mainly I see him as retaining the Bush policy for the most part but I don't see the budget expanding by as much. This would mean four more years of stupidity and keyensian tomfoolery.

Hillary's out so I'm not going to bother looking up her stated views on the subject. Not like it'd matter anyway, as it's probably a lot of BS.

Neither candidate will balance the budget. Neither will fix the Fed.

What matters more than the president is going to be the people he puts in his cabinet, especially in the treasury and federal reserve. The current people (Bernanke, Paulson) are like a couple of 10 year olds trying to salvage a pot of spaghetti sauce they just drowned a cat in. Since it's pretty much a crap shoot, and hard for either of these idiots to be worse than it already is, I simply don't care.

If you need me November 4th, I'll be at the bar.

(16,557)
Keywords: Paulson  Bernanke  Obama  Mccain  Inflation  The Fed  Hope  Change  Snakes 
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Bio: Daniel Roe
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Daniel is a 4th year Medical student. Prior to medicine, he worked in IT as a consultant, programmer, web designer/developer, and technician.

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