Just to let you know, economics is not a science. It is a social science where one studies the production, distribution and consumption of goods and services. In societies things change. Societal changes often happen faster than capitalists and government care to notice. When you have extra greedy capitalists and extra neglegent government leaders (Presidents who dont read newspapers), the negative economic impact can be severe. Just check your 401K, or have your home appraised.

For the last few years capitalists and President Bush have ignored the macroeconomic evidence that the American public could not afford their own life style. When the macroeconomic evidence of nationwide foreclosures were frontpage headlines on every newspaper in the nation over a year ago, the federal government and capitalists sat on their hands and ignored it and look what happend.

When Macroeconomic principles are ignored, microeconomic principles can not be put into place.