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April 20, 2004
LOSING HEARTS AND MINDS IN AMERICA
You know, when one of the voices of American financial conservatism comes out and suggests that it's time for its readers to vote Democratic, you know that the Republian involved has to have utterly bungled things. Such is the case today. Fortune magazine is hardly a paragon of liberalism; in fact, it's a mouthpiece for big business in general. But this week's online issue contains an editorial piece by "a senior fellow at the Cato Institute and a former visiting fellow at the Heritage Foundation. He served as a special assistant to President Ronald Reagan." In it, Doug Bandow concludes that the only way to restore fiscal sanity to Washington is to have the White House and Congress be held by different parties, and this year the best shot for that is to elect John Kerry.
I'm not kidding. Fortune magazine ran an editorial saying that John Kerry would make more economic sense as president than George W. Bush. As he so accurately and eloquently put it, "Bush's latest budget combines accounting flim-flam with unenforceable promises."
Man, when even your economic base -- whom you've rewarded with tax cut after tax cut -- begins to see through your charade and point out just how deceitful and irresponsible your economic policy is, you've blown it. Even the unofficial magazine of the money class is calling that out now. And if Bush has lost Fortune, can the Wall Street Journal be far behind?
