[Brilliant]

Say what you want about immigration, gas prices, hurricanes, and wars, but Bush has definitely done what it takes to make the economy go.

[VRWCmember]

Bush's fault.

[MARKUSPRIME]

Yep good news.Im sure the liberals will be slitting their wrists and jumping off skyscrapers today. :)

[ClearCase_guy]

How many quarters of expansion will it take before the MSM stops talking about the "year-end rut" in the lead paragraph?

[KevinDavis]

Worst economy since.. oh never mind..

[cbkaty]

Good news travels slow............

[AliVeritas]

ping

[PISANO]

but Bush has definitely done what it takes to make the economy go.

and virtually no one KNOWS!

[ruschpa]

For all you Lou Dobbs fans... I bet he doesn't even talk about this on his program tonight.

[bray]

This is the best economy in the History of this Country. President Bush and his tax cuts have expanded small business like no other President, period, dot, Bingo!

The only part of the Economy that is in a recession is the Stone-age Press.

Pray for W and Our Troops

[jveritas]

Excellent news. This should be in the breaking news section.

[spikeytx86]

It's like the better the economy does the lower his polls go It's ridiculous. You could repeal every tax in the land and give every driver a $1,000 but if gas prices go up a nickel they'll say the economy is in shambles. People are just stuck on stupid I suppose.

[MattinNJ]

On the WOT, Judges, the economy, and sheer decency Bush gets an A+ in my book. On immigration and spending I would have to give him a D. Not that anyone asked me, of course.

[spikeytx86]

This cant be, it's like reducing the costs of labor and capital have some how caused people to produce and consume more it's crazy, must be a second burst from the Clinton economy.

[Unmarked Package]

Five years ago, anyone predicting that the U.S. economy could achieve a GDP in excess of 5% with oil prices around $69/bbl would have been branded delusional and ignored. The strength of the U.S. economy is astounding considering current energy prices and the geopolitical shocks it has weathered.

[avacado]

"No so fast... we are gonna have to take this economy away from you for the common good!"

[Huck]

Say what you want about immigration, gas prices, hurricanes, and wars, but Bush has definitely done what it takes to make the economy go.

I guess that means in the 90s, Clintoon did what it took to make the economy grow. Or weren't folks back then saying the president doesn't affect the economy that much?

[lemura]

Say what you want about immigration...but Bush has definitely done what it takes to make the economy go.

B, I generally like your posts, but once I again I feel compelled to address the question of illegal immigration & the economy.

GDP growth is a function of productivity growth and real population growth. If we let in 10m workers (legal or otherwise), and all are employed, then yes, the economy will grow by a comensurate amount.

That's why proponents of illegal immigration say it's 'good' for the economy. To a certain extent that is true as is evidenced by lower inflation (primary a function of wage competition), GDP growth & unemployment (illegals create demand for goods & services that effect the overall economy).

However, and this is BIG however, these are all nominal P&L accounts; that is, they only measure the effect today, not the accrued liabilities that are being pushed into the future. It's the balance sheet accruals that are the 'under the waterline' costs. These are of course what are being incurred by the various levels of government.

So, in a nutshell, businesses profit from the short-term nominal effect, while governments (taxpayers) suffer from the long term effects. One more point - since there's more demand for gov't provided services by low-skill workers, government also grows. This, of course, is a boon to Dem politicians and union leaders.

Combine the short-term advantages and long-term costs, and who benefits? That's who supports illegal immigration.

[stylin19a]

HOOVER !~

[The South Texan]

.

---

. See all of that blank space to the left of this sentence? That is exactly what will be said about the economy and giving Bush any credit in your fish wrap or the Drive By MSM.</p>

[OldFriend]

But but but I just heard some hostette remark that 'some' economists had expected even better growth.

Their bias is never ending.