The Bush Boom Continues

Three-point-four percent GDP growth in the second quarter (and this will probably be revised up), 5% unemployment, the S&P is at four year highs. Economic times are pretty good.

Economy Grows Despite High Energy Costs - Yahoo! News

WASHINGTON - The economy clocked in at a chipper 3.4 percent annual growth rate in the second quarter, fresh evidence the country's business climate is healthy despite surging energy costs.

That all this is happening with $60 oil and a war on is a true testament to the President's supply side tax cuts. I don't care that the media won't give the idiot from Texas credit, but it pains me that they won't give the economics credit. When the 2008 candidates start spouting Rubinomics, the NYTimes and WaPo editorials will nod along.

Economics and Markets Posted by jk at July 29, 2005 11:14 AM