As we all search for reasons that we're in this economic mess right now, one obvious solution has evaded notice, I think. Until now.
In this morning's New York Times, Cheryl Gay Stolberg offers us a possible answer. Up until now, George W. Bush, our first MBA President, a graduate of the august Harvard Business School, not to mention Yale, has been on the sidelines. Obviously, he's been doing other things, like going on international junkets more than half a dozen times, or locked up in meetings engaging on other important issues, presumably.
"For a man who came into office as the nation's first M.B.A. president," Ms. Stolberg writes, "Mr. Bush has sometimes seemed invisible during the housing and credit crunch. As the economy eclipses Iraq as the top issue on voters' minds, even some Republican allies of the president say Mr. Bush is being eclipsed and is in danger of looking out of touch.
"He's over there arguing about who should get into NATO, and the American people are focused on what's in their pocketbooks," said Kenneth M. Duberstein, who was chief of staff to President Ronald Reagan in his second term. "He has talked about the economy, but it is not viewed as being a satisfactory response. Unfortunately, the lasting image is of not knowing of $4-a-gallon gas."
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