Ed Driscoll

Mufflernomics

Tim Blair looks at the Midas Muffler school of economics:

2001:

Senate Minority Leader Tom Daschle, D-S.D., dramatized his objections [to the Bush tax cut] …he held up a spare part and said, “If you’re a typical working person, you get $227, and that’s enough to buy this muffler.”

2008:

Democratic presidential candidate Barack Obama’s wife, Michelle, complained the government’s $600 economic stimulus check was only enough to buy “a pair of earrings” …

Or nearly three mufflers. Which, for the sake of her husband’s campaign, Ms Tiffany Cartier Michelle DeBeers Obama might consider using.

No word yet on President Merkin Muffley’s tax-cutting proposals, though.