“Slowdown“? How many top economists heads exploded upon hearing this new lingo?

Other terms Bush could have used: “Deceleration”, “Slackening off”. It’s not too late… he still might!

If we’re to believe all is rosy in Iraq and Afghanistan, then it must be here also.

Bush Says US Not Headed Into a Recession

WASHINGTON (AP) — President Bush said Thursday the country is not recession-bound and, despite expressing concern about slowing economic growth, rejected for now any additional stimulus efforts. “We acted robustly,” he said. [...]

Bush’s view of the economy was decidedly rosier than that of many economists, who say the country is nearing recession territory or may already be there. “I’m concerned about the economy,” he said. “I don’t think we’re headed to recession. But no question, we’re in a slowdown.”

We can still climb out from under this mess if we all worked together to help raise big-corp’s bottom line. I’m sending my tax refund to Exxon Mobile. Those people are in dire straits! And, besides, my generosity will be returned in good time. The oil and gas giant will be sure to hike it’s leg and “trickle” all over me.