Economic Policy

This week I want to take a more humorous look since we are talking about the economic policy.  John Vaillant can help me there: "Our listeners asked us: 'What is chaos?' We're answering: 'We do not comment on economic policy.'  Economic policy is hard to bring into a good light especially after the well known spoils of President Bush.  Fiscal policy is a major factor of the economic policy.  "Fiscal policy envisions government budgets as thermostats, adjusting automatically to counteract the economy's ups and downs...It also establishes the priorities and values of the government"(p. 302). Through fiscal policy I believe we can make a judgment on how the government operates.  Fiscal policy shows exactly what the government prefers to value even when they make promises on many fields and don't follow through. "President Bush offered the largest tax breaks to the rich and provided only modest relief to working the middle-class families who were most likely to spend it"(p.305).  Again I ask the question of why the heck did the American people vote bush in for two terms?  I can't even answer that myself.  Bush placed our economy into major debt in deficits.  It's sad to think that a student can take courses in micro and macro economics to understand the supply and demand base of the market and better understand how the system works more than the president and other officials. Along with this issue: "Firms must comply with fewer regulations, and those regulations that exist are not often vigorously enforced"(p.318).  There are not enough regulations on firms to restrict their doings. Placing us in further ground of no control.