This morning Bush, wearing his lucky St Patrick’s Day tie, met with Treasury Secretary Henry Paulson and then made a statement about the economy. “One thing is for certain -- we’re in challenging times.” Or, as economists would phrase that, “Oh God, my portfolio, my portfolio!”
He thanked Paulson: “And I want to thank you, Mr. Secretary, for working over the weekend.” On his resume.
He cheerily reassured us that, just like Iraq, “In the long run, our economy is going to be fine.” However, everything you need to know about the economy in the short run you can tell, as always, by the expression on Paulson’s face.
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