Bush-onomics 101
There have been many pieces of good economic news this week, which can be a slightly downheartening when you're trying to evict a sitting President from the White House. That said, it's a very good thing for everyone that our economy is gaining strength, but we shouldn't let folks just focus on the short term. Thanks to Bush and his administration - with tax cuts and a war that are being funded by borrowed money - the long-term economic outlook is worrying. Here's a para from Katrina vanden Heuvel's blog at The Nation ("The Costs of Bush's War"):

In financial terms, the costs to the American taxpayer are massive. The US has already spent $126 billion on the war, costing every American family approximately $3,400 each. As the Campaign for America's Future recently pointed out, this Administration has socked it to hard-working families on two fronts: Bush passed his massive tax cuts that gave a huge tax break to the wealthiest individuals and corporations, and then when he went to war, he asked the same working-and middle-class families who bore the brunt of the tax cuts to pay for the conflict. Meanwhile, companies like Halliburton are making a mint in Iraq after receiving no-bid contracts from the federal government.

Be sure, also, to check out the Campaign for America's Future site, with more stories about the economy.