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Tuesday, August 26, 2003

Crony capitalism at work (though maybe you're not) 

Martin Hutchinson of UPI writes that the US economy is starting to look a little, well, Soviet-style (modulo the Hummers, of course).

The United States economy has changed significantly since the September 11 attacks, in a thoroughly unpleasant direction. While Gross Domestic Product has risen by 4.6 percent (in real terms) from the third quarter of 2001, government consumption has risen by 8.2 percent, while private fixed asset investment has declined.

And of that 8.2%, how much is being looted by Bush and his cronies? Let's start with Halliburton...

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