Posted on 02/03/2007 12:06:35 AM PST by JohnHuang2
On a day when the GDP report came in strong and the Federal Reserve proclaimed a balanced economy marked by healthy growth and contained prices, President George W. Bush became only the second sitting American president to visit the floor of the New York Stock Exchange. As he moved from trading post to trading post, floor brokers and assistants stopped their work and started to cheer.
Huge cheers. Loud applause.
This is the same guy the mainstream media loves to kick around -- the same guy who suffers sinking polls while standing resolute on the subject of Iraqi freedom, and who gets virtually no credit for the Goldilocks economy and unprecedented four-year stock market boom. He’s also the same guy who continues to prove he has more character than most anyone serving in public office today.
The last time Bush was in downtown New York was just after September 11, 2001. Back then, everything was devastated, including the NYSE and the U.S. economy. But this week the president returned to a much different scene: Huge cheers. Loud applause. A stock market that continues to set record highs. An economic recovery that defies media pessimism and doomsday Democratic carping.
(Excerpt) Read more at townhall.com ...
bttt
Thanks for posting, Kudlow has been a stalwart in recognizing the tremendous economic recovery that has been shepherded by this President + a majority of Republicans. Also like Kudlows ability to take the argument for supply-side economics to the doomsayers on his shows.
The President deserves high marks for his stewardship of the economy through tough geopolitical times.
History will judge him well on this, even if a majority of Americans right now give him little credit.
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