Yes, but not the right kind of tax cuts or for the right reasons. He's always pushed the demand side of the economy, and done tax cuts for political reasons. That's why we're getting another round of tax rebates, which will do nothing medium or long term for the economy.
It's sad to see so many threads on FR about food shortages and high prices. There's even a long thread about growing your own food. It's obvious that something is wrong, but does W think about rolling back his ghastly ethanol program? No. Instead he wants to send $200 million in food aid to non-Americans. There's another thread about him coming up with a global warming initiative within days. Sad, very sad, especially for a Republican president.
It's obvious that something is wrong
No, actually...it's obvious that many are buying the Dems' typical election year strategies.
Are bubbles popping? Yes, corrections are underway...but when we haven't yet had a quarter of negative growth, I think many are over-reacting in knee-jerk fashion.