July 23, 2008
Economy

   Thought Process Flowchart: the hungover economy, literally in the toilet

President George W. Bush has always used simple, folksy language to summarize major issues, but never so personally as last Friday, when he was caught on tape at a Republican fundraiser talking about the grave condition of the U.S. economy in booze metaphors. The event was closed to the press, but somebody there recorded video of Bush's remarks on a personal camera and posted it on the Internet:

There's no question about it. Wall Street got drunk ... and now it's got a hangover. The question is how long will it sober up and not try to do all these fancy financial instruments.

How long indeed? If only we knew what the economy was thinking. Which we do.

Posted by: Colleen Werthmann and David Bourgeois
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