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Democratic Investment: National Trust proposal (06/04)
Failure is usually an orphan. From my son Sam’s schoolyard to boardrooms and politicians explaining disappearing weapons of mass destruction, fingers nervously point in other directions. But on questions of jobs and the economy, George W. Bush and his administration are determined to press ahead with monetary, fiscal, and employment policies that have failed spectacularly and show no signs of recovery. The wisdom of this persistence in failure I leave to the president’s handlers. But the problem requires much more than clever spin.