Economy, Politics Collide for Bush Team (washingtonpost.com): "Bush asserted during his weekly radio address, 'Our economy is on a rising path.'
Even then, the statement had a certain incongruity, coming a day after the Commerce Department reported that economic expansion in the second quarter had been weaker than expected. The same day, the White House had issued another forecast, showing the year's budget deficit of $445 billion, a record in dollar terms. "
- posted by geoff @ #