With his party facing a difficult midterm election, President Bush is focusing on the positive this week: a growing economy he is using to try to persuade voters to keep Republicans in power in Congress.Of course this is about diverting attention from Iraq, and Afghanistan and North Korea. But if Democrats were a little more on the ball, they could make this a dangerous thing for BushCo. to talk about, too.
White House advisers say Bush is not trying to change the subject from a deteriorating situation in Iraq, and that he will continue to talk about Iraq and the war on terrorism as the Nov. 7 election nears. But Bush advisers said they think the president should get more credit for recent positive economic news.
The 800 pound gorilla in the room on the economy is the cost of the war. Yes, the DOW is over 12,000 right now; gas prices are down. But none of this says anything about the damage to future budgets and to the economy of the massive outlays for the failed Iraq war. Billions of dollars every month, emergency allocations every couple of months to keep paying for the war. None of which is in the current or the proposed budget. Military equipment is being destroyed and worn down by continuous operations. More soldiers are needed and the National Guard and Reserve, while they are on active duty, are paid for out of the Federal Budget.
Keep talking about the economy, 'Dub. That's going to catch up with you, too.
UPDATE: Added link to article about the cost of the war.