Reply #16: True. But four more quarters of this will kill us.

[Frodo]

It doesn't have to be 7%, but if the next four quarters also show 4%+ growth? We haven't got a chance in he11.

Remember Reagan? The numbers looked awfuly bad after about 2.5 years. By election day he won everything.

The mistake we make is tying everything to Bush. He isn't "more" responsible for ups and downs than congress is (probably less so). And the market moves in cycles regardless of who is in power.

Take a dip that was NOT Clinton's fault, but started on his watch and tie it to Bush and when the inevitible rebound happens he gets to take all the credit. They'll say things were bad when they took office and 9-11 made it worse, but their tax cuts have finally taken effect. What will we counter with? That things aren't really as good as they seem? That we get some credit for the improving economy?