Economy. Stupid.

.

The Current Occupant is giving what’s being called an upbeat speech on the economy this morning. Maybe it’s the setting. The NY Economic Club.

How about going down to the Ninth Ward and talking economy? Or the subdivisions in Cleveland or Colorado or California where the foreclosure rates are perilously close to the CO’s IQ?

The economic reality of this country has finally started hitting the Have-More’s and the Have-Too-Much’s. We’ve lived in Bush Administration neoconomics for over seven years now, and it does. not. work.

And the new inflation report? I ain’t buyin’ it.

Ain’t buyin’ the bananas in the store either. The price jumped from 45 cents to 55 cents since last month in my grocery store. And the gas? Went up a dime while I was in the store. I kid you not. Gas has hit $4 a gallon out west.

And as I write, the news breaks that Bear Stearns had to go begging to the Fed because of a liquidity crisis.

And the Republican candidate is talking about making the tax cuts permanent for "you"--are you one of the Have-More's? That's who got the tax cuts. And those were supposed to trickle on down to you, the real you, not just the "you"-know-who. From McCain's perspective, neoconomics are workin' just fine. How's that workin' out for ya?

So today the Current Occupant is going to give an upbeat speech on the economy from the perspective of his joyous presidency. Who you gonna believe? The liar or your lyin’ eyes?