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Bush’s Very Good Year
Townhall.com ^ | 12/22/07 | Lawrence Kudlow

Posted on 12/22/2007 12:49:03 AM PST by JohnHuang2

Against all odds, and despite the usual drumbeat of criticism, President George W. Bush has had a very good year. The troop surge in Iraq is succeeding. America remains safe from terrorist attacks. And the Goldilocks economy is outperforming all expectations.

At his year-end news conference, President Bush stated with optimism that the economy is fundamentally sound, despite the housing downturn and the sub-prime credit crunch. The very next day, that optimism was reinforced with news of the best consumer spending in two years. The prophets of recessionary doom, such as former Fed chair Alan Greenspan, Republican advisor Martin Feldstein, ex-Democratic Treasury secretary Lawrence Summers, and bond-maven Bill Gross have been proven wrong once again.

Calendar year 2007 looks set to produce 3 percent growth in real GDP, nearly 3 percent growth in consumer spending, and over 3 percent growth in after-tax inflation-adjusted incomes. Meanwhile, headline inflation (including food and energy) will have run at 2.5 percent, with only 2 percent core inflation.

Jobs are rising over 100,000 per month and the stock market is set to turn in a respectable year despite enormous headwinds. Low tax rates, modest inflation, and declining interest rates continue to boost Goldilocks, which is still the greatest story never told.

(Excerpt) Read more at townhall.com ...


TOPICS: Business/Economy; Editorial; News/Current Events
KEYWORDS: 2007review; bush; bush43; economy; kudlow
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Kudlow nails it again.
1 posted on 12/22/2007 12:49:04 AM PST by JohnHuang2
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To: xm177e2; mercy; Wait4Truth; hole_n_one; GretchenEE; Clinton's a rapist; buffyt; ladyinred; Angel; ..

Kudlow MEGA PING!

Wishing y'all a very Merry Christmas! God bless.

2 posted on 12/22/2007 12:50:35 AM PST by JohnHuang2
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To: JohnHuang2

Merry Christmas


3 posted on 12/22/2007 12:51:26 AM PST by eyedigress
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To: JohnHuang2

Permanently pissed off his base by trying to force the Alien Amnesty through twice and totally forgot to build the fence, which appears to be only an obselete 2006 election ploy.

Other than that things were peachy.


4 posted on 12/22/2007 12:53:48 AM PST by claudiustg (You know it. I know it.)
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To: JohnHuang2

Best Pres since Reagan.


5 posted on 12/22/2007 12:55:43 AM PST by spanalot (*)
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To: JohnHuang2

Mark my words....we will dearly miss him after he is gone.


6 posted on 12/22/2007 12:58:54 AM PST by Gator113 (My short list..Fred, Hunter, Romney.)
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To: JohnHuang2
This shows just how damaging it is for us to get all cranky about what are basically small-potatoes disputes. I'm not talking about important things like illegal immigration, but things like that port issue which was SOOOOOO important that we completely forgot it once it did the job the media wanted it to do, namely add to the anti-Bush momentum from that OTHER (semi-) non-issue, Harriet Miers. (Yes, I'm glad she wasn't the pick, but I've never been convinced she is the devil some conservatives tried to claim.)

There is this haze of negativity and hate towards Bush from some Republicans. If we stepped back and looked at the whole person--the way we do with Reagan, who indeed signed an amnesty, who backed fuel taxes, who was more pro-abortion as governor than he was anti-abortion as president, and yet we rightly consider him a giant--we'd realize just how lucky we are to have him in charge at this time, because the simple fact is that he is doing an excellent job overall.

7 posted on 12/22/2007 12:59:23 AM PST by Darkwolf377 (Pro-Life atheist hoping everyone has a Merry CHRISTmas!)
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To: JohnHuang2

While Bush wasn’t absolutely everything we could have wished for, he wasn’t the absolute worst (that’s pretty good praise for a politician). I think his good outweighed his bad. 7/10 for Bush

Kudlow’s friggin great though.


8 posted on 12/22/2007 1:06:17 AM PST by Bastiat_Fan (Please don't call me a PaulTard... Surrender Monkey is in much better taste)
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To: JohnHuang2

Merry Christmas.


9 posted on 12/22/2007 1:06:30 AM PST by Dog
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To: JohnHuang2

“Calendar year 2007 looks set to produce 3 percent growth in real GDP, nearly 3 percent growth in consumer spending, and over 3 percent growth in after-tax inflation-adjusted incomes. Meanwhile, headline inflation (including food and energy) will have run at 2.5 percent, with only 2 percent core inflation.

Jobs are rising over 100,000 per month and the stock market is set to turn in a respectable year despite enormous headwinds. Low tax rates, modest inflation, and declining interest rates continue to boost Goldilocks, which is still the greatest story never told.”

But this is not mentioned in the news — people have to follow business news in detail to be aware of it. Most people think the economy is terrible, that’s what the MSM is telling them.


10 posted on 12/22/2007 1:07:03 AM PST by FocusNexus
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To: claudiustg

>>>Permanently pissed off his base by trying to force the Alien Amnesty through twice and totally forgot to build the fence

Mandatory thread hijacking post. We now resume our regularly scheduled programming.


11 posted on 12/22/2007 1:08:32 AM PST by tlb
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To: JohnHuang2
There is a very simple test as to how good a President is...

The Left HATES him with an abnormal passion. We are talking an assassination movie as well as a book, endless anti-Bush web pages, NYT frothing at the mouth, etc, etc, you know all the rest.

Anyone that can draw that kind of hatred from the Left is my #1 guy!

That’s what I am going to miss the most - we are in for a huge come down. :(

12 posted on 12/22/2007 1:20:28 AM PST by Berlin_Freeper (ETERNAL SHAME on the Treasonous and Immoral Democrats!)
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To: Berlin_Freeper

If your not taking flak, your not over the target.


13 posted on 12/22/2007 1:25:22 AM PST by Names Ash Housewares
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To: Names Ash Housewares

Precisely.


14 posted on 12/22/2007 1:52:39 AM PST by patriciaruth (http://www.freerepublic.com/focus/f-news/1562436/posts)
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To: Berlin_Freeper

Out: BDS (Bush Derangement Syndrome)

In: MDS (Mitt Derangement Syndrome)


15 posted on 12/22/2007 2:25:05 AM PST by Checkers (First they came for the Mormons, but I said nothing because I was not Mormon.)
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To: JohnHuang2

And the rats are deeply saddened.


16 posted on 12/22/2007 3:16:39 AM PST by bikerman (_ _ . /_ _ _ /_ . . / / . . . . / . / . _ . . / . _ _ . / / . . _ / . . . //)
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To: claudiustg

“Permanently pissed off his base by trying to force the Alien Amnesty through twice and totally forgot to build the fence, which appears to be only an obselete 2006 election ploy.”

Here is a question. Did he “piss off the base” or did he pull the base closer together?


17 posted on 12/22/2007 3:48:00 AM PST by EQAndyBuzz (Hunter Thompson in 08.)
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To: spanalot
Best Pres since Reagan.
True, but that might be the lowest bar in presidential history. Daddums was a whimp in sheep's clothing and the bent one was by far the biggest crook to ever shyster his way into the WH.
18 posted on 12/22/2007 3:57:45 AM PST by samtheman (Huckabee. A Bible-Packing Leftist.)
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To: tlb

It’s not “hijacking the thread” to mention Bush’s glaring failures on amnesty and the fence. The subject is evaluating Bush’s performance in the last year. The article claims that performance was “very good”. Don’t we get to dispute claims by articles posted? When an article is posted we must agree with every word of it, otherwise we are “hijacking the thread”?

Is that what you’re saying?


19 posted on 12/22/2007 4:01:42 AM PST by samtheman (Huckabee. A Bible-Packing Leftist.)
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To: JohnHuang2

Right now, compared to what appear to be the likely prospects, Bush is looking pretty darn good.


20 posted on 12/22/2007 4:03:32 AM PST by samtheman (Huckabee. A Bible-Packing Leftist.)
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To: samtheman
True, but that might be the lowest bar in presidential history.

Nonsense.

No president has faced bigger challenges - a war on our shores, losing the largest number of civilians since the Civil War? An undeclared world war with your legislature the biggest obstacle to victory? A fighting force that is a fraction of that used in WWII? The real (not phony that Kennedy faced) prospect of nuked American cities?

As much as I love President Reagan, he lost the only opportunity to do something meaningful in this war when he left Beirut.

The bar that GWB is hurdling is that set by FDR, and FDR had a media that wouldn't even tell the people that he couldn't walk, much less that he was having a affair in the White House. Plus, FDR (wrongly) had a lot more latitude - can you imagine our President putting muslims in a concentration camp?

Please. God willing, we will win this war, and when that happens decades from now, historians will look at what GWB did in Iraq as the beginning of the end.

21 posted on 12/22/2007 4:39:03 AM PST by naturalized ("The time has come," He said. "The kingdom of God is near. Repent and believe the good news!")
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To: patriciaruth

Ditto.


22 posted on 12/22/2007 4:40:13 AM PST by naturalized ("The time has come," He said. "The kingdom of God is near. Repent and believe the good news!")
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To: JohnHuang2

No sooner was he settled in than George W. Bush got 9/11 dumped on him, making his presidency the most striking good-thing-turned-bad since Carrie was voted prom queen.

I’d like to see anyone play that hand better. The economy is strong; the enemy is on the run; the Supreme Court is beefed up by two young conservatives; over 20 million people are de-loused of their tyrants.

If we had a Rushmore for presidents’ sons, Adams and Bush would fill it completely. And that’s another thing for which GWB is given too little credit: it isn’t easy being the child of someone prominent in ability or wealth. The silver spoon can be a disadvantage, a blight on character. Then, any good you’ve done, people say it’s due to your privileges of birth.

So, all in all, I’m kind of sorry to see him go.


23 posted on 12/22/2007 4:44:26 AM PST by 668 - Neighbor of the Beast ( "Do well, but remember to do good.")
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To: naturalized

Pay attention, naturalized. The discussion is much better when you do that.

Someone said “best president since Reagan”.

I said (referring to HW and Clinton) that’s a low bar.

You said: nonsense, and then went on to proclaim the achievements of W, as if my “low bar” remark was a critique of W, which it wasn’t.

I specifically mentioned daddums and the bent one in response to the concept “Best since Reagan”.

You are free to set your own bar if you want, bringing up FDR, but that’s not what I was responding to.

“Best since Reagan” MEANS comparing W to daddums and bent-Bubba.

In regards to THAT comparison, W is free to get one of those staples buttons and smack it hard: THAT WAS EASY!


24 posted on 12/22/2007 4:45:12 AM PST by samtheman (Huckabee. A Bible-Packing Leftist.)
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To: JohnHuang2

But what about the porous border and Ramos and Campeon?


25 posted on 12/22/2007 4:46:01 AM PST by RoadTest (But how then shall the scriptures be fulfilled, that thus it must be? - Matthew 26:54)
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To: Darkwolf377

You make some good points — although Hariet Meirs was awful and a really stupid nominee on W’s part — but the real failing in W’s time in office has been his inability to articulate his visison, speak to the nation, and make the case for his policies. This has allowed the storyline throughout his second term to be about W’s low approval numbers, lack of support for the war, “wrong track” trendline, and overall pessimism. I know Reagan faced similar difficulties, but then he would go to the nation and take the bully pulpit to make his case. Remember “tax cuts and the deficit” — his simple charts showing how growth would turn that around? Remember him explaining his walking away from the Strategic Arms Limitation Treaty talks because of his insistence on keeping Star Wars? Masterful.

That’s what’s been missing from the W Administration... unfortunately from day 1.


26 posted on 12/22/2007 4:53:09 AM PST by ReleaseTheHounds ("You ask, 'What is our aim?' I can answer in one word: VICTORY - victory - at all costs...")
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To: JohnHuang2

I’m proud to say that I’ve had a refrigerator of Bush’s photo on my fridge for almost ten years. No matter the issue and I’ve disagreed with him on many, I always felt he was an honest moral man who loves his country and it’s people.


27 posted on 12/22/2007 5:01:51 AM PST by Mercat (She's learned the dance moves and she's memorized the lyrics, but she can't hear the music)
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To: JohnHuang2

And to really appreciate GWB’s accomplishments (07, et.al.), just look forward to what’s coming in the future (based on the current offering of candidates).


28 posted on 12/22/2007 5:04:24 AM PST by harpu ( "...it's better to be hated for who you are than loved for someone you're not!")
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To: Gator113
That certainly depends on who takes his place. Should it be either the first two in your tag line, I personally won't miss Mr. Bush at all.
29 posted on 12/22/2007 5:15:47 AM PST by ImpBill ("America ... Where are you now?" --Greg Adams--Brownsville, TX --On the other Front Line)
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To: Mercat
No matter the issue and I’ve disagreed with him on many, I always felt he was an honest moral man who loves his country and it’s people.

I share your perception.

30 posted on 12/22/2007 5:33:50 AM PST by Michael81Dus
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To: JohnHuang2

I like Larry. I went to bed election night 2004 with only his prediction of a Bush reelection.
He has the pulse of America


31 posted on 12/22/2007 5:53:59 AM PST by larryjohnson (FReepersonaltrainer,USAF(Ret))
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To: tlb; claudiustg
Mandatory thread hijacking post. We now resume our regularly scheduled programming.

LOL! You must be reading two threads at once, tlb, since this one was right on topic...discussing how the year was for President Bush.

32 posted on 12/22/2007 5:59:09 AM PST by Gondring (I'll give up my right to die when hell freezes over my dead body!)
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To: naturalized; Darkwolf377

There’s a reason I always love your posts: they are the voice of reason and cool common sense. Thank you, and thank you again!


33 posted on 12/22/2007 6:46:04 AM PST by alwaysconservative (F-f-f-forget Algore, I'm f-f-f-freezing!)
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To: samtheman
It all comes into play. Denial is not a good thing. Bush was dead wrong and it would have been just a big of a mistake as Reagan did in the 1980's. We miss Ron but Bush's failure on the border issue would have been 10X worse than Ron's failure. There is also the issue of the North American Treaties that are being denied and the elephant is sitting right in the room with us all.

Also no one owns a thread and thread hijacking is bunch of ignorant selfish crap. Take the blinders off. If you are at the FR to live with your head in the sand, you came to the wrong place.

34 posted on 12/22/2007 7:34:54 AM PST by bmwcyle (BOMB, BOMB, BOMB,.......BOMB, BOMB IRAN)
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To: bmwcyle
Bush was dead wrong and it would have been just a big of a mistake as Reagan did in the 1980's. We miss Ron but Bush's failure on the border issue would have been 10X worse than Ron's failure.
Sorry, bmwcycle, but I'm not really following you here, particularly your use of the word would, twice.

Are you saying that Bush didn't make a mistake on the border issue, that a mistake on his part would have been bad?

I'm not trying to argue, I just don't get what you're saying.

35 posted on 12/22/2007 7:40:19 AM PST by samtheman (Huckabee. A Bible-Packing Leftist.)
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To: tlb

Exactly and he did a great job this year dealing with those spineless criminals in congress


36 posted on 12/22/2007 7:43:29 AM PST by italianquaker (Is there anything Ron Paul doesn't blame the USA for?)
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To: claudiustg

You may have hated his solution, but he was Man enough to offer the only solution in 100 years. Thanks to poisoning the issue will be the only solution offered in the next 100 years.

Merry Christmas to W and Our Troops


37 posted on 12/22/2007 7:50:11 AM PST by bray (Let's Bring Christ Back to Christmas)
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To: JohnHuang2

President Bush has a lot to be thankful for this Christmas. General Petraeas and our troops came through big time. And the Democrats controlling the Senate and House have proven to be the most unpopular Congressional majority of all-time. The economy is doing great, but the federal government remains a bureaucratic nightmare. It could be worse, but it can be a whole lot better too.

Freedom still reigns supreme.

God bless America.

Merry Xmas, JohnHuang2.


38 posted on 12/22/2007 8:27:04 AM PST by Reagan Man (FUHGETTABOUTIT Rudy....... Conservatives don't vote for liberals!)
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To: JohnHuang2

Not bad for a President who is supposed to be a lame duck.


39 posted on 12/22/2007 8:32:26 AM PST by do the dhue (They've got us surrounded again. The poor bastards. General Creighton Abrams)
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To: larryjohnson

Bush will be remembered as one of our great presidents and the Congress (both sides ) will be remembered as one of the worst and most shameful (a tall order). Like all Humans he far from prefect but we are about to see how bad it can be.


40 posted on 12/22/2007 8:50:59 AM PST by The Klingon
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To: Reagan Man
And the Iraqis are going to be our friends. They named a street in Baghdad George W. Bush Street. We'll start demobilizing next year because you can't leave an active military around with nothing to do. They will find things to do. Like get married and various other things.

A Treaty and Status of Forces Agreement will be negotiated next year. Country-to-country.

Good things will happen next year. Merry Christmas!

41 posted on 12/22/2007 9:26:06 AM PST by BobS (Did Santa just say haha, HO ?!)
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To: JohnHuang2
Thanks for the ping JH2

Merry Christmas to you!

42 posted on 12/22/2007 9:58:23 AM PST by BARLF
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To: JohnHuang2

Merry Christmas, JH2. I haven’t seen another car in Michigan with a Bush/Cheney 04 bumper sticker on in 4-6 months. In fact I haven’t seen any Kerry bumper stickers on either.

I might be the last guy in the state with a sticker on my car (I was mad enough to take it off during the “comprehensive” debate, but when that went down in flames I left it on).


43 posted on 12/22/2007 12:13:48 PM PST by PGalt
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To: JohnHuang2

Bull’s eye ... this Kudlow’s got an aim near good as thine, Sir JH2.

Thanks for the post.

Merry Christmas!


44 posted on 12/22/2007 1:22:07 PM PST by jwfiv
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To: Names Ash Housewares

Thanks for a new tagline


45 posted on 12/22/2007 1:49:00 PM PST by r-q-tek86 (If your not taking flak, your not over the target.)
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To: samtheman

Sorry, I thought my question was more interesting. My bad.


46 posted on 12/22/2007 2:04:57 PM PST by naturalized ("The time has come," He said. "The kingdom of God is near. Repent and believe the good news!")
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To: samtheman

I’d vote for a third GWB term over every top-tier candidate in the field right now, without a moment’s hesitation.


47 posted on 12/22/2007 6:03:23 PM PST by WhistlingPastTheGraveyard ("and alllll the children are insane")
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To: 668 - Neighbor of the Beast

Sorry to see him go... but thankful we had him for the eight years we did. He’s a good man. Possibly a great one.


48 posted on 12/22/2007 6:08:59 PM PST by WhistlingPastTheGraveyard ("and alllll the children are insane")
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To: JohnHuang2

Thanks for the ping!


49 posted on 12/22/2007 8:47:55 PM PST by Alamo-Girl
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To: JohnHuang2

President Bush: a good man, a good President - perhaps even a great President. Time will tell.

And at the core from which everything comes: a man of great Faith.


50 posted on 12/22/2007 10:29:30 PM PST by mtntop3
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