I've a very simple question:
Would the crisis we are in be viewed as so ominous and impending if it weren't for the fact that the Bush Administration is the one dealing with it?
Last Thursday, Robert Reich said the following on his blog:
"I repeat: This isn't a crisis of solvency or liquidity; it's a crisis of trust."
http://robertreich.blogspot.com/
How much of this crisis is caused by a lack of trust in the competence and integrity of the Bush Administration?
Now, I have to admit that I don't like the idea of this bailout at all. However, even if I did, one of the more troublesome aspects of the Paulson Plan is that it's coming from the Bush administration. Sending the Bush Administration to a disaster is like sending a pyromaniac with a gas can to a fire.
I know we're supposed to judge public policy on its merits, and there is plenty of blame to go around, but I can't help but think that at this point in the Bush administration we are at the point of saying to ourselves that this administration is so incompetent that it will turn out that even if spend the 700 billion or whatever , it will, in the end, do no real good.
I'm just wondering.
And, if so, how do deal with this lack of trust in the current negotiations and plans?
I know it might be unfair, but I have to ask.