STILL A CHEERLEADER

Despite plenty of evidence that our economy is going in the tank, Pres. Fredo sticks to his "Iraq Strategy" and says things are basically OK.

Bush says economy sound; mum on stimulus plan
Fri Jan 4, 2008 5:48pm EST

By Jeremy Pelofsky
WASHINGTON (Reuters) - U.S. President George W. Bush said on Friday that the U.S. economy was on solid footing despite a weak employment report, and gave no hint of what his administration may have in store to bolster growth.

"This economy of ours is on a solid foundation, but we can't take economic growth for granted," Bush told reporters after meeting with his so-called Working Group on Financial Markets. "If the foundation is strong, yet indicators are mixed, the worst thing that Congress can do is raise taxes."