Last 100 days in office 'no letting up' for Bush
US: So how will it end? President George W. Bush is down to his final
100 days in office as of Sunday. Don't expect a quiet fade into the
Texas night.
The bleakest economic downturn in decades has changed the dynamic
drastically, keeping Bush and his financial team in activist mode to the
end.
While the powerful heads of the Treasury Department and the Federal
Reserve keep making radical moves, no one elected them. Bush is the one
charged with reassuring the nation that an abysmal economic period will
give way to better days, even if he is long gone from Washington by the
time that happens.
The President will keep speaking about the economy, calling world
leaders about it, meeting with business owners, perhaps attending an
overseas summit. His final act will be overseeing the $700 billion
buyout of devalued assets from banks, in hopes that credit will start
flowing to an anxious, weary country.
"It looks like I'm going to have a lot of work to do between today
and when the new president takes office," Bush said this past week. The
scope of the credit crisis is so vast that it will likely overshadow
anything else Bush does before he leaves office on Jan. 20.
Bush has made clear to those who work for him that he wants a smooth
transition to the next president. In terms of the sheer time and energy
involved, Bush counselor Ed Gillespie said, "I suspect the last 100 days
are going to feel more like the first 100 days than any of us would have
hoped."
The last days of an administration can be filled with desires to wrap
up issues, if not desperation.
Washington, Sunday, AP |