"Only dull people are brilliant at breakfast" -Oscar Wilde |
"The liberal soul shall be made fat, and he that watereth, shall be watered also himself." -- Proverbs 11:25 |
President George W. Bush said Friday that while the current economic crisis has sent shock waves around the world, he believes steps taken by his administration have "laid the groundwork for a return to economic growth and job creation" early in the administration of President-elect Barack Obama.
"The American economy has consistently proven its strength and resilience" Bush wrote in his final economic report to the nation.
He said this resilience has continued despite multiple blows to the economy.
[snip]
"A measure of stability has returned to the financial system," Bush said.
Labels: economic death watch, FUBAR, George W. Bush
Yeah! Sure!
The bad thing is that shitty earnings, more bank crashes and still-falling house prices mean that this ain't over by a long shot.