One day after the Dow tanks and guess what? That economy you haven’t been hearing about? Suddenly it’s George W. Bush’s!
MATTHEWS: The Dow regains ground, but is Bush’s economy on solid ground? […]
Did Bush’s policies contribute to yesterday’s drop? Did fears of a recession play on the minds of traders? On Monday, former Fed chairman Alan Greenspan warned a recession could be coming, and today Federal Reserve chairman Ben Bernanke warned Congress about the federal deficit, but reassured investors that the economy was set to grow, moderately.
Whose economy was it on Monday?