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The economy is on a slow wave like cycle. We can not stay on the high that came around during the Clition Years. Where there are ups there have to be downs.
Remember the stock market fell at the end of the Clition Era, so the economic trend was already started down again before Bush came into office.
And less taxes mean that the economy does well. Such as when the US industrialised, there were no taxes and busisness boomed. Lower taxes is an effort for Businesses to expad and to creat jobs.
Remember the economy cycles last more than four or eight years. The Prez's influences take time to take effect.
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