A Powerful Lame-duck

From the economy, to the war, to owning the Democratic majority in Congress, Bush has reason to celebrate. Here's a nice article appearing in today's Washington Times:

The troop surge in Iraq is succeeding. America remains safe from terrorist attacks. And the Goldilocks economy is outperforming all expectations...Calendar year 2007 looks set to produce 3 percent growth in real gross domestic product, nearly 3 percent growth in consumer spending, and more than 3 percent growth in after-tax inflation-adjusted incomes.

Meanwhile, headline inflation (including food and energy) will have run at 2½ percent, with only 2 percent core inflation.

Jobs are rising more than 100,000 monthly and the stock market is set to turn in a respectable year despite enormous headwinds. Low tax rates, modest inflation, and declining interest rates continue to boost Goldilocks, which is still the greatest story never told.

Mr. Bush's optimism is well-earned, in Congress too. He has stopped a lot of bad legislation on higher taxing and spending. He won on S-CHIP (State Children's Health Insurance Program) and the alternative minimum tax. He mostly prevailed on domestic spending. And he got much of what he wanted on war funding without any pullout dates.

http://www.washingtontimes.com/apps/pbcs.dll/article?AID=/20071226/COMMENTARY04/991383165/1012/COMMENTARY