The Rockridge Institute has an interesting piece that warns against merely dismissing the Bushies as grossly incompetent.  Here is an excerpt:

Progressives have fallen into a trap. Emboldened by President Bush’s plummeting approval ratings, progressives increasingly point to Bush’s “failures” and label him and his administration as incompetent. Self-satisfying as this criticism may be, it misses the bigger point. Bush’s disasters — Katrina, the Iraq War, the budget deficit — are not so much a testament to his incompetence or a failure of execution. Rather, they are the natural, even inevitable result of his conservative governing philosophy. It is conservatism itself, carried out according to plan, that is at fault.

The myth that is compassionate conservativism should finally be laid to rest.