The Washington press corps lives in their own little world.
True, but what 's shame is that Russert is the Washington Managing Editor of NBC. If he has NO knowledge about economy, he should refrain from commenting on that or look for experts.
Just over the past 11 quarters, dating back to the June 2003 Bush tax cuts, America has increased the size of its entire economy by 20 percent. In less than three years, the U.S. economic pie has expanded by $2.2 trillion, an output add-on that is roughly the same size as the total Chinese economy, and much larger than the total economic size of nations like India, Mexico, Ireland, and Belgium.