2001 redux, George W. Bush assured the nation in a televised address Tuesday that “our long national nightmare of peace and prosperity is finally over.”
Read the coverage from a fairly balanced news source:
On the economic side, Bush vowed to bring back economic stagnation by implementing substantial tax cuts, which would lead to a recession, which would necessitate a tax hike, which would lead to a drop in consumer spending, which would lead to layoffs, which would deepen the recession even further.