Attributing the current economic cycle to Bush's intervention is as silly as attributing the '90s boom to Clinton (or Reagan, or Bush I), but hey, politicians will be politicians, and there will always be a journalist to suck up.
They brought his father down with the economic cycle, so I would expect the son to take credit for it. The Dems can't complain, because they always take credit for the "Clinton Boom."
The truth is, of course, that "nobody knows."
My attitude on the deficit is if we can keep our National Debt, long term, rising at no more than the same percentage of rising National income, we are safe. BWTFDIK
And right now the attitude is "spend, spend, spend!"
I still think the number one thing that brought down 41 was the "Grocery Scanner" incident. |
