Framing the Dialogue

Posts Tagged ‘moody’s’

Wimpy Washington Economics

“Top Democrats and Republicans in Congress prepared new proposals to avert a government debt default and a potential global financial crisis.”

That’s the lead paragraph from a story in today’s paper.  What should scare you is when Democrats and Republicans agree on something the public generally gets screwed.  I believe that both sides realized that they set up this “battle” and now that the public is watching they are not sure how to get out from all of the rhetoric that they have been spreading.  What both sides agree on is that they both want desperately to get re-elected and regain power.  Even a little power is better than none and they are more than willing to squander our money, our children’s money, and our grandchildrens’ money to maintain their power.  Here are few facts as I see them:

Uncertainty (un – sûr – tn – tee)

Uncertainty is defined as:

  1. Situation where the current state of knowledge is such that the order or nature of things is unknown, the consequences, extent, or magnitude of circumstances, conditions, or events is unpredictable, and credible probabilities to possible outcomes cannot be assigned.
  2. Doubt

Synonyms:  doubt, mistrust, suspicion

What does W think?

“If America shows weakness and uncertainty, the world will drift toward tragedy. That will not happen on my watch.”

George W. Bush

Can you give an example?