For one thing, after today’s FCC dictatorship move, the economy’s major bright spot, the Internet, will henceforth be plagued with the same political uncertainty the rest of the economy has been saddled with under our autocratic president and his selfish party leadership for the past six years.
“Raising the minimum wage was a key agenda item for new House Speaker Nancy Pelosi and Majority leader Harry Reid after their party took over Congress in 2007. The resulting effects on overall employment have been gruesome, to the point where the people who arbitrarily determine such things have absurdly decided, in the interest of covering their tracks, that the 4.5 percent unemployment rate seen during the middle of the past decade is no longer achievable, and that “full employment” is really a rate of 5.5 percent.”
The golfer-in-chief still periodically claims he’s going to get to work on the economy. For the middle class, he says, whatever’s left of it after his previous “get to work.” With any luck he’ll shut up and go play golf. Taking over the Internet should be more than enough to wipe out what’s left of the economy in the next two years.
Via BizzyBlog.
THE TEXAS SCRIBBLER 
Well, a game or two can’t spoil the economy. Besides, you know, the game theory – it has a lot to do with economy, so why not golf – it is also a game, after all 😉
The economy has been spoilt for at least six years now, initially for a housing collapse and subsequently for the sort of meddling detailed at BizzyBlog. Oddly, retirees with ample 401Ks are doing well because of the fed’s manipulations stimulating the stock market, but overall business is not hirng and unemployment is a lot higher than the bureaucrats pretend.
Is it still OK to blame JWB, I wonder?
Only for not intervening in the policies that became the housing collapse. Possibly also for overstimulating the economy with spending on the Iraq and Afghanistan campaigns. War spending tends to lead to a recession, post-World War II being an exception because of the pent-up consumer demand.