Bush League Economic Analysis

President Bush displays his economics chops to NBC's Ann Curry:

Bush: And as people are now beginning to see, Iraq is changing, democracy is beginning to tak[e] hold. And I'm convinced 50 years from now people look back and say thank God there was those who were willing to sacrifice.

Curry: But you're saying you're going to have to carry that burden... Some Americans believe that they feel they're carrying the burden because of this economy.

Bush: Yeah, well --

Curry: They say -- they say they're suffering because of this.

Bush: I don't agree with that.

Curry: You don't agree with that? Has nothing do with the economy, the war? The spending on the war?

Bush: I don't think so. I think actually, the spending on the war might help with jobs.

Curry: Oh, yeah?

Bush: Yeah, because we're buying equipment, and people are working. I think this economy is down because we built too many houses.

He laughs when he says: "I think this economy is down because we built too many houses." All the suffering and worry plaguing Americans right now is just a big joke to him. This is from a man who has a Masters degree in Business Administration from Harvard. Also, Bush really does say: "there was those." Harvard must be so proud.