Bush: 'I think I got a B in Econ 101'

Bush: 'I think I got a B in Econ 101'

by Mark Silva

President Bush, voicing optimism for the American economy, declined to speculate today if a recession is coming.

“I think I got a B in Econ 101,’’ the president said at a White House press conference this morning. “I got an A, however, in keeping taxes low.''

His tax cuts, the president asserted, have helped the U.S. economy recover from the recession he faced when he took office and the terrorist attacks that followed. “I say that the fundamentals of our nation’s economy are strong,’’ Bush said today. “There is no question that there is some unsettling times in the housing market…. (but) I’m optimistic about our economy.’’

The president, in a press conference that lasted little longer than a half-hour, repeatedly played off his own image as a poor student, noting that he likes to remind people that Secretary of State Condoleezza Rice has “the PhD… I’m the C student,’’ he said, but look who’s the leader and who’s the adviser.

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