June 29, 2006
Bush Economy Continues Rapid GrowthLet's hope that the new team of Hank Paulson and Tony Snow can begin to garner credit for their boss for his fabulously successful stewardship of the American economy (if not the federal budget).
The U.S. economy grew at a revised 5.6% annual rate in the first quarter, the fastest rate in nearly three years, the Commerce Department said Thursday in its final revision to gross domestic product estimates.If President Bush had earned political capital for our strong economy, he would be in a stronger position to push his other agenda items. As a result, this failure is bigger than it seems.
Posted by Jonathan R. on June 29, 2006 09:38 AM
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