Bushonomics 0
No doubt Bear Stearns was full of MBAs also. As someone recently pointed out in another connection, it’s not the experience, it’s the judgement that counts (emphasis added):
This wasn’t the way it was supposed to be when Bush took office in 2001. His supporters touted him as the first “MBA president” — Bush holds a masters of business administration from Harvard University — who would run the executive branch like a corporate CEO and manage the economy like a business.
But Bush’s Democratic critics contend that billions of dollars have been wasted on the nearly 5-year-old Iraq war and the large tax cuts he engineered have mostly helped the rich while doing little to lift the poor.
He now faces the very real threat of ending his watch in recession.
Adding to U.S. economic woes are record high energy prices, with Bush showing himself all but powerless to coax Arab oil-producing allies to increase production.
Bush’s stewardship of the economy, once seen as a bright spot in a legacy likely to be dominated by Iraq, could now end up as a black mark on his presidential record.
Delaware Liberal calls it something else:
