A joint panel¬†composed of the national intelligence agencies, and the American Academy of Economists, has concluded that by exponentially increasing¬†the number of terrorists, Bush Administration policies constitute “Supply-Side Terror-nomics.”

According to the panel, Bush/Cheney Supply-Side Terror-nomics works as follows: across-the-board invasions of foreign countries, coupled with drastic cuts in the resources needed to establish civil order in those nations, results in a greater output of global jihadists.

The theoretical model for this approach is known as the Laugher Curve.

While supply-side economics was once derided by Bush Senior as “voodoo economics” –¬†which would¬†result only¬†in large deficits –¬†Supply-Side Terror-nomics appears to be on more solid footing.

As noted economist and New York Times columnist Paul Krugman explained, “Dubya has really accomplished what many thought was impossible: both an unlimited supply of Al Qaeda cells, and an actual surplus¬†of countries that utterly despise the United States.”

This analysis was¬†confirmed by¬†the non-partisan Congressional Budget Office, which found that Bush has created terrorists “as far as the eye can see.”¬† The CBO also stated that¬†if one “stacked the terrorists¬†up on top of each other, not even counting their turbans, they would go from here to the moon and back 79 times.”

But perhaps the most conclusive validation of Supply-Side Terror-nomics can be seen in the latest third-quarter results from Iraq, where there has been an astounding 800% increase in decapitation gains.

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BLOGWORTHIES:

Crooks & Liars with Olbermann’s commentary on the Clinton-Wallace interview.

Norm Jenson with Daily Show’s take on Clinton-Wallace.

Glenn Greenwald on who really wanted to “cut and run” from Somalia.

BuzzFlash interview with Thom Hartmann on embattled middle class.

Madkane on Bush’s Burst Bubble.¬†