Will GDP be a boost for Bush? [View All]

THE ECONOMY’S SIZZLING 7.2 percent growth rate in the third quarter appears to offer strong evidence that deep tax cuts can quickly and directly spur enough spending to shift the economy’s momentum. While growth is certain to slow in coming quarters from the fastest period of expansion in 19 years, most forecasters now believe the economy at last is on track for strong, sustainable growth.
“This was not the news they wanted to hear at the DNC headquarters,” said Dan Mitchell, senior fellow at the conservative Heritage Foundation, referring to the Democratic National Committee.
Barring an economic miracle in the next 12 months, the eventual Democratic nominee still will be able to point to Bush’s abysmal record on job creation. Even if Treasury Secretary John Snow’s optimistic projections are accurate and the economy creates 2 million net new jobs by Election Day, Bush will be the first president since Herbert Hoover to preside over a four-year term in which total payroll employment declined.

http://msnbc.com/news/987184.asp?0cv=CB10

---------------------email Martin------------------------

http://msnbc.com/news/987184.asp?0cv=CB10

Martin,

3 years of Hell with a slight upturn possibly for 1 year and you call this Bush handling the economy thus taking away an issue for the Democrats?

Any moral and honest reporter with a little business expertice should call that a 300% loss. Where could America have been without Bush is the question you should be answering for the American people! Who's going to pay the $200,000,000,000 for Iraq? Where are the jobs? Where are the jobs over $10 and hours with health insurance?

I think you're something I'm starting to see often on the Internet and talked about at Happy Hours; you're a Republican Media Whore!


MyName


martin.wolk@msnbc.com

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