The economy shed 63,000 jobs in February, the government said on Friday, the fastest falloff in five years and the strongest evidence yet that the nation is headed toward — or may already be in — a recession.
President Bush acknowledged on Friday afternoon that it is “clear our economy has slowed.” But he said he was confident that the recently enacted stimulus package, which will soon put checks in the mail for millions of Americans, would indeed be the “booster shot” the economy needs.
I watch Kudlow occasionally and a few months ago he could care less about how the dollar was doing. Now, he's yelling that it's all about the dollar. The ecoomy will hurt McCranky more than anything else.
Bush on 10/04 : I love the fact that more and more people are opening up the front door of their home and: Welcome to my piece of property, welcome to my home."