Friday, April 28, 2006

Snatching Defeat From the Jaws of Victory...in Slow Motion No Less

OK, so the economy grew at 4.8% in Q1. This Bloomberg story has all the details, which are quite amazing actually (business capex was en fuego). So, all the Republicans in the Great Sausage Factory had to do was shut their mouths and wave this report in the air and tell America, "See. 4.8% GDP growth. We know what we're doing." Their majority would have been in the bag. Instead they have unleashed a torrent of the most assinine claptrap and economic gobbledygook over gas prices that the public can only assume that the great GDP numbers are a result of pure luck, a case of the blind squirrel that is the GOP majority fortuitously finding a nut. This is political strategy and execution at its absolute worst.

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