Rhymes with Bagflation...

Looks like Paul Krugman was more timely than he knew (or certainly hoped).

Ya know, everything this admin has done on the economy has been laughable; I have no idea how any serious businessman could have voted Bush last year. I mean, I know it's nice having your very own butler in DC, but what good are taxbreaks and kickback tarriffs if it's 1979 all over again?