[Digger]

I've heard for 3yrs passed that economic growth would pick up in the second half of the yr & it has not done so. Corps are spending nothing on IT. CEOs have been selling their stocks. It all ads up to me as a long drawnout recovery & it's by no way GW's fault. He inherited this mess. He has done alright with the war. Now everything else is quit questionable.

[habs4ever]

Not much Bush can do if the Fed doesn't provide enough liquidity for the increased output from the tax cuts.The Fed engineered the downturn and, maybe like Greenspan did to Bush1, will be slow to reflate the amount nneded to accelerate the recovery.Money velocity turnover is the key, as it has been since 1999, while the Fed focus on Fed Funds.