According to the US Department of Commerce, the US economy grew at rate of 4.8% during the first quarter of 2006. This figure represents the highest rate of growth in over 2 years, and lends further credence to the soundness of the president’s economic tax policies, contrary to the socialist diatribes of Bush’s detractors on the left.
In spite of this record growth and a recent boost in consumer confidence, the President’s approval ratings continue to slide. A number of factors contribute to this phenomenon. In the first place, Bush is largely blamed for recent increases in the price of gas, thanks largely in part to the ignorance of the masses of poorly educated citizenry. Bush has also failed to adequately rebut erroneous charges made by the left, who blame the president for any and everything.
In most cases, Bush has remained silent while leftists continue to set the political mood in Washington, thus many Americans believe the economy has been performing poorly, when in reality growth remains high, while unemployment remains low.
For 4 years the left has propagated the fantasy of economic decline, inspired solely by their desire to return to power, the president has been the principle target in this campaign and the president has done nothing to educate the public on the reality of America’s economic progress. Indeed, considering the obstacles this president has encountered including a recession when he took office, a major terror attack and rising gas prices, Bush should be commended for steering the American economy through one rough patch after another. The tax cuts have worked, even if Bush won’t tell you and the left won’t admit.
Bush’s silence has only emboldened his critics. This combined with his many missteps and reckless spending has ensured a Democratic victory in the fall.
http://business.timesonline.co.uk/article/0,,13129-2156190,00.html
