Wednesday, August 22, 2007

GOP: BAD AT WAR, BAD AT THE ECONOMY...

Bad at Science, bad at everything except pandering to the Fundies.

NEWS ANALYSIS
Credit crisis a GOP worry
The credit crisis compounds Republicans' political troubles from the Iraq war.
It may bolster Democrats' calls for new regulations.
By Peter G. Gosselin August 22, 2007

The credit crisis that has hit home mortgages and shaken worldwide financial markets is turning into a political albatross for President Bush and Republican presidential contenders, piling atop an unpopular war in Iraq and eroding traditional GOP claims of being good stewards of the economy.

To some extent, Republicans are hobbled by their own free-market, anti-government-regulation principles, whereas Democrats, who believe that government action can lead to better outcomes, have maneuvering room. That could prove particularly important depending on how the credit crisis plays out in the coming weeks.

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