Bush's No Good, Terrible, Very Bad Month: Two Views.......................
LAST WEEK THE BUSH ADMINISTRATION'S second-term bear market bottomed out. On Monday, Bush nominated as the next Federal Reserve chairman Ben Bernanke, who of all the leading candidates will be the central banker least hostile to tax cuts and least likely to direct monetary policy to any end other than combating inflation. At the end of the week, the Commerce Department announced that economic growth in the third quarter had been 3.8 percent, suggesting that, thanks in large part to Bush's... Sign in to see full entry.