Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Bush’s Very Good Year
Townhall.com ^ | 12/22/07 | Lawrence Kudlow

Posted on 12/22/2007 12:49:03 AM PST by JohnHuang2

Against all odds, and despite the usual drumbeat of criticism, President George W. Bush has had a very good year. The troop surge in Iraq is succeeding. America remains safe from terrorist attacks. And the Goldilocks economy is outperforming all expectations.

At his year-end news conference, President Bush stated with optimism that the economy is fundamentally sound, despite the housing downturn and the sub-prime credit crunch. The very next day, that optimism was reinforced with news of the best consumer spending in two years. The prophets of recessionary doom, such as former Fed chair Alan Greenspan, Republican advisor Martin Feldstein, ex-Democratic Treasury secretary Lawrence Summers, and bond-maven Bill Gross have been proven wrong once again.

Calendar year 2007 looks set to produce 3 percent growth in real GDP, nearly 3 percent growth in consumer spending, and over 3 percent growth in after-tax inflation-adjusted incomes. Meanwhile, headline inflation (including food and energy) will have run at 2.5 percent, with only 2 percent core inflation.

Jobs are rising over 100,000 per month and the stock market is set to turn in a respectable year despite enormous headwinds. Low tax rates, modest inflation, and declining interest rates continue to boost Goldilocks, which is still the greatest story never told.

(Excerpt) Read more at townhall.com ...


TOPICS: Business/Economy; Editorial; News/Current Events
KEYWORDS: 2007review; bush; bush43; economy; kudlow
Navigation: use the links below to view more comments.
first previous 1-2021-4041-53 next last
To: samtheman
True, but that might be the lowest bar in presidential history.

Nonsense.

No president has faced bigger challenges - a war on our shores, losing the largest number of civilians since the Civil War? An undeclared world war with your legislature the biggest obstacle to victory? A fighting force that is a fraction of that used in WWII? The real (not phony that Kennedy faced) prospect of nuked American cities?

As much as I love President Reagan, he lost the only opportunity to do something meaningful in this war when he left Beirut.

The bar that GWB is hurdling is that set by FDR, and FDR had a media that wouldn't even tell the people that he couldn't walk, much less that he was having a affair in the White House. Plus, FDR (wrongly) had a lot more latitude - can you imagine our President putting muslims in a concentration camp?

Please. God willing, we will win this war, and when that happens decades from now, historians will look at what GWB did in Iraq as the beginning of the end.

21 posted on 12/22/2007 4:39:03 AM PST by naturalized ("The time has come," He said. "The kingdom of God is near. Repent and believe the good news!")
[ Post Reply | Private Reply | To 18 | View Replies]

To: patriciaruth

Ditto.


22 posted on 12/22/2007 4:40:13 AM PST by naturalized ("The time has come," He said. "The kingdom of God is near. Repent and believe the good news!")
[ Post Reply | Private Reply | To 14 | View Replies]

To: JohnHuang2

No sooner was he settled in than George W. Bush got 9/11 dumped on him, making his presidency the most striking good-thing-turned-bad since Carrie was voted prom queen.

I’d like to see anyone play that hand better. The economy is strong; the enemy is on the run; the Supreme Court is beefed up by two young conservatives; over 20 million people are de-loused of their tyrants.

If we had a Rushmore for presidents’ sons, Adams and Bush would fill it completely. And that’s another thing for which GWB is given too little credit: it isn’t easy being the child of someone prominent in ability or wealth. The silver spoon can be a disadvantage, a blight on character. Then, any good you’ve done, people say it’s due to your privileges of birth.

So, all in all, I’m kind of sorry to see him go.


23 posted on 12/22/2007 4:44:26 AM PST by 668 - Neighbor of the Beast ( "Do well, but remember to do good.")
[ Post Reply | Private Reply | To 1 | View Replies]

To: naturalized

Pay attention, naturalized. The discussion is much better when you do that.

Someone said “best president since Reagan”.

I said (referring to HW and Clinton) that’s a low bar.

You said: nonsense, and then went on to proclaim the achievements of W, as if my “low bar” remark was a critique of W, which it wasn’t.

I specifically mentioned daddums and the bent one in response to the concept “Best since Reagan”.

You are free to set your own bar if you want, bringing up FDR, but that’s not what I was responding to.

“Best since Reagan” MEANS comparing W to daddums and bent-Bubba.

In regards to THAT comparison, W is free to get one of those staples buttons and smack it hard: THAT WAS EASY!


24 posted on 12/22/2007 4:45:12 AM PST by samtheman (Huckabee. A Bible-Packing Leftist.)
[ Post Reply | Private Reply | To 21 | View Replies]

To: JohnHuang2

But what about the porous border and Ramos and Campeon?


25 posted on 12/22/2007 4:46:01 AM PST by RoadTest (But how then shall the scriptures be fulfilled, that thus it must be? - Matthew 26:54)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Darkwolf377

You make some good points — although Hariet Meirs was awful and a really stupid nominee on W’s part — but the real failing in W’s time in office has been his inability to articulate his visison, speak to the nation, and make the case for his policies. This has allowed the storyline throughout his second term to be about W’s low approval numbers, lack of support for the war, “wrong track” trendline, and overall pessimism. I know Reagan faced similar difficulties, but then he would go to the nation and take the bully pulpit to make his case. Remember “tax cuts and the deficit” — his simple charts showing how growth would turn that around? Remember him explaining his walking away from the Strategic Arms Limitation Treaty talks because of his insistence on keeping Star Wars? Masterful.

That’s what’s been missing from the W Administration... unfortunately from day 1.


26 posted on 12/22/2007 4:53:09 AM PST by ReleaseTheHounds ("You ask, 'What is our aim?' I can answer in one word: VICTORY - victory - at all costs...")
[ Post Reply | Private Reply | To 7 | View Replies]

To: JohnHuang2

I’m proud to say that I’ve had a refrigerator of Bush’s photo on my fridge for almost ten years. No matter the issue and I’ve disagreed with him on many, I always felt he was an honest moral man who loves his country and it’s people.


27 posted on 12/22/2007 5:01:51 AM PST by Mercat (She's learned the dance moves and she's memorized the lyrics, but she can't hear the music)
[ Post Reply | Private Reply | To 1 | View Replies]

To: JohnHuang2

And to really appreciate GWB’s accomplishments (07, et.al.), just look forward to what’s coming in the future (based on the current offering of candidates).


28 posted on 12/22/2007 5:04:24 AM PST by harpu ( "...it's better to be hated for who you are than loved for someone you're not!")
[ Post Reply | Private Reply | To 1 | View Replies]

To: Gator113
That certainly depends on who takes his place. Should it be either the first two in your tag line, I personally won't miss Mr. Bush at all.
29 posted on 12/22/2007 5:15:47 AM PST by ImpBill ("America ... Where are you now?" --Greg Adams--Brownsville, TX --On the other Front Line)
[ Post Reply | Private Reply | To 6 | View Replies]

To: Mercat
No matter the issue and I’ve disagreed with him on many, I always felt he was an honest moral man who loves his country and it’s people.

I share your perception.

30 posted on 12/22/2007 5:33:50 AM PST by Michael81Dus
[ Post Reply | Private Reply | To 27 | View Replies]

To: JohnHuang2

I like Larry. I went to bed election night 2004 with only his prediction of a Bush reelection.
He has the pulse of America


31 posted on 12/22/2007 5:53:59 AM PST by larryjohnson (FReepersonaltrainer,USAF(Ret))
[ Post Reply | Private Reply | To 1 | View Replies]

To: tlb; claudiustg
Mandatory thread hijacking post. We now resume our regularly scheduled programming.

LOL! You must be reading two threads at once, tlb, since this one was right on topic...discussing how the year was for President Bush.

32 posted on 12/22/2007 5:59:09 AM PST by Gondring (I'll give up my right to die when hell freezes over my dead body!)
[ Post Reply | Private Reply | To 11 | View Replies]

To: naturalized; Darkwolf377

There’s a reason I always love your posts: they are the voice of reason and cool common sense. Thank you, and thank you again!


33 posted on 12/22/2007 6:46:04 AM PST by alwaysconservative (F-f-f-forget Algore, I'm f-f-f-freezing!)
[ Post Reply | Private Reply | To 21 | View Replies]

To: samtheman
It all comes into play. Denial is not a good thing. Bush was dead wrong and it would have been just a big of a mistake as Reagan did in the 1980's. We miss Ron but Bush's failure on the border issue would have been 10X worse than Ron's failure. There is also the issue of the North American Treaties that are being denied and the elephant is sitting right in the room with us all.

Also no one owns a thread and thread hijacking is bunch of ignorant selfish crap. Take the blinders off. If you are at the FR to live with your head in the sand, you came to the wrong place.

34 posted on 12/22/2007 7:34:54 AM PST by bmwcyle (BOMB, BOMB, BOMB,.......BOMB, BOMB IRAN)
[ Post Reply | Private Reply | To 19 | View Replies]

To: bmwcyle
Bush was dead wrong and it would have been just a big of a mistake as Reagan did in the 1980's. We miss Ron but Bush's failure on the border issue would have been 10X worse than Ron's failure.
Sorry, bmwcycle, but I'm not really following you here, particularly your use of the word would, twice.

Are you saying that Bush didn't make a mistake on the border issue, that a mistake on his part would have been bad?

I'm not trying to argue, I just don't get what you're saying.

35 posted on 12/22/2007 7:40:19 AM PST by samtheman (Huckabee. A Bible-Packing Leftist.)
[ Post Reply | Private Reply | To 34 | View Replies]

To: tlb

Exactly and he did a great job this year dealing with those spineless criminals in congress


36 posted on 12/22/2007 7:43:29 AM PST by italianquaker (Is there anything Ron Paul doesn't blame the USA for?)
[ Post Reply | Private Reply | To 11 | View Replies]

To: claudiustg

You may have hated his solution, but he was Man enough to offer the only solution in 100 years. Thanks to poisoning the issue will be the only solution offered in the next 100 years.

Merry Christmas to W and Our Troops


37 posted on 12/22/2007 7:50:11 AM PST by bray (Let's Bring Christ Back to Christmas)
[ Post Reply | Private Reply | To 4 | View Replies]

To: JohnHuang2

President Bush has a lot to be thankful for this Christmas. General Petraeas and our troops came through big time. And the Democrats controlling the Senate and House have proven to be the most unpopular Congressional majority of all-time. The economy is doing great, but the federal government remains a bureaucratic nightmare. It could be worse, but it can be a whole lot better too.

Freedom still reigns supreme.

God bless America.

Merry Xmas, JohnHuang2.


38 posted on 12/22/2007 8:27:04 AM PST by Reagan Man (FUHGETTABOUTIT Rudy....... Conservatives don't vote for liberals!)
[ Post Reply | Private Reply | To 2 | View Replies]

To: JohnHuang2

Not bad for a President who is supposed to be a lame duck.


39 posted on 12/22/2007 8:32:26 AM PST by do the dhue (They've got us surrounded again. The poor bastards. General Creighton Abrams)
[ Post Reply | Private Reply | To 1 | View Replies]

To: larryjohnson

Bush will be remembered as one of our great presidents and the Congress (both sides ) will be remembered as one of the worst and most shameful (a tall order). Like all Humans he far from prefect but we are about to see how bad it can be.


40 posted on 12/22/2007 8:50:59 AM PST by The Klingon
[ Post Reply | Private Reply | To 31 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-53 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson