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Bush's "R" Is for "Right"

by Lawrence Kudlow

President George W. Bush may turn out to be the top economic forecaster in the country.

About a month ago, he told reporters, "We're not in a recession — we're in a slowdown." At a White House news conference a few weeks later, despite the fact that reporters pressed him to use the "R" word, Bush refused.

And on Friday, after the most recent jobs report — which produced a much-smaller-than-expected decline in corporate payrolls, a huge 362,000 inc ...

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Posted by: Robert Boepple
Comment: #1
Sun May 11, 2008 4:43 PM

While we may not be in or have a recesssion I am not one that can make everything sound great. Those of us on fixed incomes are well aware that our dollar doesn't buy as much in the past months. I have been retired since 1993. My retirement is still based on 1993 dollars. The interest rate on savings is terrible and has been since shortly after the present President came in to office. Yes, Social Securi has increased, but Medicare takes a good chunk from it. Therefore I cannot get on your Bandwagon Mr. Kudlow that George is so right.

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