Concise observation from the Communism List: >Significantly the IMF report has been critical of the Bush Administration's >fiscal policy. However the administration pays almost no notice to this >criticism. In general the IMF report on the US economy is not an event in the >US. By contrast it is taken quite seriously in many third world economies. >Clearly any criticism and recommendations it makes concerning Federal economic >policy is simply meant to invest the IMF with an air of neutrality. But the >marginalisation of these reports in Washington is the true measure of what the >IMF stands for. It indicates that because the US economy is the leading >capitalist economy it can dismiss such reports. It can dismiss them too >because, >in a sense, it is the IMF. > >Basically its report and recommendations on the US economy is farcical and >about >sums everything that the IMF stands for.
