Sure, the President is a dumbass, but at least he surrounds himself with smart people.
Grover Norquist, a leading advocate of substantially reducing the federal government, argued that the disaster only underlined the need for more tax cuts to spur the economy. “Step one is you deal with the problem – rebuild New Orleans,” he said, “and step two, you enact economic policies so you can afford to rebuild New Orleans.”
You can apply the GOP two-step approach to your personal finances as well. Step one is to spend a ton of money on everything you’ve ever wanted. Step two is to get a ton of money so you can afford all the things you’ve already bought. It’s easy and there’s no way it could possibly backfire.