From \”Front Edge of a Recession\” To \”Storm Clouds\”

The Bush Administration came into office seven years ago talking down the economy — saying we\’re on the \”front edge of a recession\” in hopes of setting a low bar of expectations for themselves to clear.

But the bar just kept dropping.

Seven years later, when President Bush scheduled a speech designed to talk up the economy as he gets ready to walk out the door, he can\’t avoid conceding the mess he will leave to his successor.


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