This is really good news, but has little to do with who is in the White House except they get the credit or blame. The economy is not controlled by politicians, contrary to their rhetoric. Nevertheless, the Bush tax cuts must have had a positive effect on economic indicators, while a negative effect on the deficit and the national debt.
A good economy is bad news for the Democrats with a Republican in the White House and congress under Republican control. This will breed strong political messages. The wild card will be Iraq and the failure of intelligence leading up to the war.
God forbid we have another terrorist attack. But if you were a terrorist planning an attack on one of the party conventions, which would you choose, Republican or Democrat? How would your choice influence that party's chances for the Presidency?
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