Bush Attendance at Emergency. Cabinet Meeting an Ominous Sign?

Today, I attended a private luncheon at which a talk was to be given by President Bush. He had to cancel at short notice to attend an emergency Cabinet meeting on the economy.

Well, at long last, it now appears that the sense of urgency that I have tried to convey to our readers (and on Larry Kudlow’s excellent TV show CNBC) over our economy has finally dawned upon the White House.

Until only last week, our president and Treasury Secretary Henry Paulson were telling us how strong and healthy our economy was today.

Apparently, they felt our economy was so strong that we could well afford yet more money to be frittered away on a futile war and on infrastructure enhancement in Iraq.

Today in The Wall Street Journal there appears the following front-page headline: “Rising Cost of Iraq War May Reignite Public Debate.â€