As a conservative Republican, I do agree with you to an extent. Bush has a boatload of political capital, latest polls indicate an 89% approval rating regarding foreign affairs and a 64% approval rating regarding Domestic.
He needs to spend some of this to attack Daschle head on. Tell the truth to the people and get these damn taxes cut, especially capital gains. With a lower capital gains rate people will be more willing to extend themselves in the market. Increase the reward, increase the risk people are willing to take to realize that reward. Common sense.
He needs to use this capital also to cut discretionary domestic spending. In so doing he will be able to launch a huge tax cutting initiative. Get this money into the private sector to be invested, to grow the economy.
People trust him and will listen to him. People do not trust the other guys (Daschle approval rating of only 39%). He can get these things done and still retain enough capital to take huge numbers of seats in both Houses in November.
OK--Bush isn't doing his job. Leave the war to the military. LBJ at least tried to do more than one thing at a time. Apologize for letting crooks mold our national energy policy, regulate national power rates and lord over the SEC. Unplug from foreign energy by announcing a Manhattan new energy project that tells big oil their days are numbered.
You must have sold your soul very cheaply if you think Clinton was the answer. There are no Bush ties to Enron. I'd rather see my CPN shares at zero than to have that low life Clinton back. My integrity is not for sale.
YOu couldnt be more wrong to beat on Bush.
The recession that was initiated in 2000 with the bursting of the tech bubble is nearly over.
The current market weakness is the last shakeout before the move up.
It is darkest before the dawn. Previous false starts built on tech dreams have and are being dashed in the post-bubble market. Techs wont lead, consumers and industrial/utilities/commodities will lead.