You're reading too much into my statements. Obviously, the president as a leader and the president's economic package both play a major role in determining future market direction. The street believed in Bill Clinton, or else we wouldn't have had the eight years of unprecedented peace and prosperity. Tough to argue that point. GWB, on the other hand, is being viewed in a more skeptical light ... even by Republicans now. Following pulled from today's Wall Street Journal:
Headline: GOP GRIPES get aired, not dispelled, in meetings with Bush.
Anxious about the economy, Congress's GOP leaders bring reinforcements to the White House to press for a new economic-stimulus package. But Bush stands by his tax rebates, and instead demands Congress pass an education bill. A late August poll for House GOP leader Watts fans anxiety: A 44% plurality of Americans say the U.S. is on the wrong track, a switch from July's findings, despite the tax rebates.
"We need to do more," Watts writes to colleagues. Republicans tell the White House it should worry more about their elections next year, instead of focusing on 2004. One GOP leader lashes budget director Daniels for signaling White House willingness to tap Social Security reserves for a budget deal with Democrats this fall. |
