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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: Neocon who wrote (435166)	7/29/2003 10:41:15 AM
From: DuckTapeSunroof	Read Replies (1) \| Respond to of 769667

It might be hard to justify the description 'great' for this, or any other recent President's economic legacy. There are always problems that continue after the politicians have departed from the WH... but hopefully there are also at least a few beneficial after-effects to show for their time in office. Certainly, it would be hard to take a snapshot of the economy immediately after President's Bush I, Reagan, Carter, Ford or Nixon departed... and not see serious economic problems - as well as strong points. The same with Clinton. To his credit side of the economic ledger (if, in fact, Presidents should get any credit for the economies they preside over anyway), we should probably add the record job creation numbers... the effort to reduce government borrowing and interest costs (eliminate the 'crowding out' effect on corporate investments), and the reduction in government's relative size in the economy -- while a modest reduction, it never-the-less exceeded the size of the reductions achieved by either of his immediate predecessors.