I think you'll find this reporting of "Bush's economy" amusing.
Thanks for that old article! There are some gems in there and the tone is depressing even though the economy was rocking!
By JEANNINE AVERSA, AP Economics Writer
Wednesday, August 30, 2006
“The latest snapshot that the Commerce Department provided of the economy on Wednesday showed that economic activity grew at just a 2.9 percent annual rate during the April-to-June quarter.”
“Although that was a slight improvement over the government’s first estimate of a 2.5 percent growth rate, it nevertheless provided vivid evidence of just how much momentum the economy has lost since last winter.”
“Economic growth in the second half of this year is expected to stay subdued, at a pace of around 2.5 percent to 3 percent, according to some analysts’ projections. Economists hope the soft spell doesn’t morph into a more dangerous slowdown.”
“Voters’ perceptions of the economy’s health may influence their choices at the polls.”
“Sen. Jack Reed, D-R.I., worried that a sharper economic slowdown could jack up the unemployment rate, now at a five-month high of 4.8 percent. “Economic growth is starting to slow even before most Americans have received any of the benefits of this recovery,” he said.”
“Bush has been touting his policies but is getting relatively low marks from the public for his economic stewardship”
“On Wall Street, the Dow Jones industrials gained 12.97 points to close at 11,382.91.”
That article says that the economy grew at better than expected then goes on to trash the economy. LOL!!!
MSM is evil!!!