There are plenty of neutral sources that indicate a significant economic slow down. I don’t know why people can’t accept that W is a bad president when it comes to economics.
“I don’t know why people can’t accept that W is a bad president when it comes to economics.”
While I agree that Bush isn’t a fiscal conservative, I’d like you to explain how that has anything to do with the current economic slowdown.
Actually, the economy has been cranking for years under W. This despite a vicious war and constant attacks.
Every expansion runs out of steam eventually and we were due. Not his fault that we have a fuel supply problem, a Congress that cannot reduce spending or a population that behaves foolishly.
The Bush tax cuts of 2003 caused federal revenue to grow from $1.7 trillion per year to $2.5 trillion in 2006. That's 47% growth. And that is good. The sub prime situation is not Bush's fault. It's the fault of idiots trying to live in homes they cannot afford.
I don’t know if it is any of W’s fault, but there is most certainly a significant economic slowdown. Inflation, albeit not registering as I see it first hand, is out there as well. Forget the gas prices as a part of the economy and there is little if no growth.