The Funeral for President Ford is a time to reflect on the failed Presidencies of the 1970's Era.
Both Ford and Carter were the victims of their times... Namely, the Post War inflation of the Johnson Era which was the primary cause of their back to back FAILED Presidencies.
We are dangerously close to a 1970's like situation now...with the unfunded and unwinnable wars outstanding...high deficits...and gold and oil reacting to a declining dollar. Only now we have a de-industrialized economy with a structural trade deficit that can not be reversed in any meaningfull way...short of causing another Great Depression.
THE FAILED PRESIDENCY OF DUBYA & CO IS VERY SIMILAR TO THE FAILED PRESIDENCIES OF FORD AND CARTER... LET'S HOPE THE PUNDITACRACY WILL REFLECT ON THE 1970's THIS WEEK AND HOW WE ARE REVISITING THE MACRO ECONOMICS OF THAT DISMAL TIME...
