Bushonomics
1/ negative debt financing which increases the us government’s budget deficits and national debt.
2/ pernicious economics practiced by president george herbert walker bush and continued by president george w. bush.
3/ spending more than you have
(attributed to al martin of almartinraw.com)
i don’t know if this nation will ever get out of the budgetary black hole that bushonomics has created.
1 more definition
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a vague term used to equivocate george bush (both of them) with the current economic status of the usa; a term usually applied in the pejorative sense, although if one asks the user what he/she means by the term he/she will generally give a vague response, such as “you know, how bush messed up the economy. it’s all his fault and the republicans, too.” a term used by idiots in an effort to sound trendy, intelligent and/or informed about politics and/or economics.
idiot: that’s bushonomics right there! i would never buy a house in this economy.
intelligent person: but the price of houses has dropped so low that now is the perfect time to buy if you have good credit and some savings.
idiot: well, it’s bushonomics that my credit’s all jacked up. it’s all the republicans’ fault.
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