HT to ThinkProgress...
"President" Bush was asked by a reporter this morning whether there was a "risk of a recession."
Bush, as always, refused to answer the question and instead, as always, made a flippant remark that he wouldn't know because he's never been very good at Economics.
More below the fold...
QUESTION: Do you think there’s a risk of a recession? How do you rate that?
BUSH: You know, you need to talk to economists. I think I got a B in Econ 101. I got an A, however, in keeping taxes low and being fiscally responsible with the people’s money.
Excuse me?? Who says he deserves an 'A' for being "fiscally responsible" with other people's money??? I certainly don't, and I doubt many on this site would either.
In the last few days people have been talking to economists... including one of the most well-known, intelligent and influential economists; former Federal Reserve Chairman Alan Greenspan.
Greenspan is on record of saying that the odds of a recession remain "somewhat more" than one in three. And yet Bush continues to spin his record on fiscal responsibility, never mind the fact that his tax cuts helped create some of the most substantial budget deficits we've had in many, many years.
And don't even get me started on his grades... I would wager that Bush failed "Alphabet 101" too.