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Sorry to be a wet blanket, but I believe President Bush is making a huge mistake in implying that the president actually has that much influence on the economy. The economy runs in cycles that have very little to do with who is in the office of the president at the time. The time delay between policy and impact on the economy is often years. The massive debt that has been amassed by the citizens of this country is going to come due with devastating consequences and the president, federal reserve, etc. have little hope of circumventing the coming crash. Well, unfortunately the Clinton bubble has not fully deflated. Can you say Hoover?

Remember how as the economy was booming through the 90s, conservatives were saying that this was in spite of Clinton. Now, why do we act differently when a Republican is in the White House? How about some consistency on the right?

Remember how as the economy was booming through the 90s, conservatives were saying that this was in spite of Clinton. Now, why do we act differently when a Republican is in the White House? How about some consistency on the right?

Clinton inherited the Reagan tax break (the economical "nudge"), creating a great economy via giving money back to the private sector.
Yes, it started 2 years before Clinton took office, but Clinton recieved the chunk of it - and the credit- believe it or not!
Then, Clinton gave us the biggest tax increase in American history, taking money back out of the private sector - starving spending, building, and innovation.
Now , Bush has inherited the Clinton rcession.
He'll give the money back like Reagan.
Whoever gets the next election will have another great economy.
If it's a democrat, he'll clam credit for it again, and he'll ruin it.
Then, a Republican will come back and fix it again!
Two tax relief presidents in a row would make every American rich! That usually doesn't happen. When the ecomony is booming, social leeches line up at the voting booths demanding even more free stuff, and the cycle starts again.

>>The massive debt that has been amassed by the citizens of this country is going to come due with devastating consequences and the president, federal reserve, etc

That is my fear as well. IMO, the consumer, corporate, AND govt debt is not sustainable given current trends.

Trust me, I don't intend to bash bush...I voted for him, but can't help but feel that what we are witnessing is a slow speed train wreck happenening right before our eyes...and because everyone is going to get a few extra bucks in there pockets, they don't seem to care.

Sorry to be a wet blanket, but I believe President Bush is making a huge mistake in implying that the president actually has that much influence on the economy.

I guess you missed this quote:

"The role of government is not to manage or control the economy from Washington, D.C., but to remove obstacles standing in the way for faster economic growth. That's our role."