Bush inherited Clinton's dot com bust. The Clinton economy like everything else in his life was a lie.
The big question is "Does Obama have what it takes to fix it?" I haven't seen any evidence thus far that Obama has any clue what he is doing. After all the money poured into the economy by Obama's regime and the Fed, we still have a terrible economy, and I haven't heard solution one from Obama. Obama's track record on economic growth is dismal, there is simply no way any leftist can defend it.
the about the dot com burst is very true. I economy was tanking when Bush took over. His tax cuts revived the economy. something Obama and his tax increases and threats of more has not done after 4 sick years. If you are going to be Keynesian... follow keynes. Cut taxes... and grow out of the problem - just like keynes said
With the Dems in charge of the House, Senate, and Presidency those tax cuts were extended. If you are arguing that those cuts had no effect, then you ought to be arguing with Dems about it.
Not all tax cuts are created equal. Keynes' focus was employment and aggregate demand. Our "job creators", Romney's constituency, have never had lower taxes or more cash, so cutting their taxes is useless. Actually, worse than useless, since cutting spending (sharply) to account for the reduced revenue simply adds velocity to the negative feedback loop we're experimenting with this recession.