Back in 1988, when Bush père was running for president, I said "The Bush family regards this country as a private fiefdom to benefit only their family members and friends."
I was right then, and I'm right now, with one addendum: They regard the whole WORLD as their own private fiefdom.
Krugman agrees:
...the administration is getting nowhere on its grand policy agenda. But it never took policy, as opposed to politics, very seriously anyway. The agenda it has always taken with utmost seriousness - consolidating one-party rule, and rewarding its friends - is moving forward quite nicely.
[snip]
Let's start with the energy bill. Even the bill's supporters barely pretend that it will do anything to reduce America's dependence on imported oil. It's simply an exercise in corporate welfare, full of subsidies and targeted tax breaks.
Then there's the pork-stuffed highway bill. I guess we'll have to stop making fun of Japanese public works spending: now America, too, is building bridges to islands that have almost no inhabitants, but lie in the districts of influential legislators.
Finally, Cafta contains "free trade" in its title, but that's misleading. The administration rammed the bill through the House by, among other things, promising to limit imports of clothing from China; over all, the effect may well be to reduce, not increase, international trade. But pharmaceutical companies got measures that protect and extend their monopoly rights in Central America.
These bills don't have anything to do with governing, if governing means trying to achieve actual policy goals like energy independence or expanded trade. They're just machine politics at work, favors granted in return for favors received.
In fact, you can argue that the administration does a bad job at governing in part because its highest priority is always to reward its friends.
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