8/26/11

Forward, no, back! Forward! Back!

Screech!
Joe Biden  (right) told journalists today that the economy needs more stimulation. Ben Bernanke hinted the same at Jackson Hole.   Biden said that the decision that the US would block  an order for 66 F16s for Taiwan  was not "final" . Yet the Taiwanese Defense Ministry had  already said they were "so disappointed" in the US decision.  I believe the Taiwanese Defense Ministry. Judge for yourself  The order would have created thousands of jobs.
 I think we are  hearing the screech of brakes from the Administration and the sound of  the transmission  being slammed into reverse. Dither, dither. More stimulus after the fist one failed utterly. An opportunity for thousands of jobs refused,  then accepted,   simultaneously upsetting both China and Taiwan. O must Go!