Monday, March 24, 2008
In the top-middle part of the cover of the current issue of Time you'll find the question, "The Blame-O-Meter: Who screwed up the economy?" Inside you'll find this story by Justin Fox with the following graphic which, unfortunately, is not available online:
To be fair, part of the graphic extends to the right (not shown above) where blame for "Wall Street Wizards" comes in somewhere between former Fed Chief Alan Greenspan and President George Bush.
Casting further doubt on the impartiality of this otherwise fine article (i.e., does the President really deserve the most blame?) is that the least amount of blame (two ticks into the "Blameless" region of the Blame-O-Meter) is laid at the feet of "Home Buyers".
For those of you keeping track at home, yes, this qualifies as a "Greenspan Mess" sighting. Remember the rule - "Greenspan" and "mess" within one paragraph or 100 words of each other either vertically, horizontally, OR diagonally.