He would not blame his inept policies would he? He's always a cheerleader, when he testifies - he "sells" his work.

When a Fed Reserve Chairman raises interest rates, that is a good sign for the economy.
Unless the only reason to do it is to stifle skyrocketing inflation even at the expense of growth and job creation. Economists are revising future GDP projections down to 2% which is nothing to write home about.

And he said...Jobs are always a "lagging indicator" and this time they have lagged a little longer
That's what he's been promising for the last 3 years. Right now we're "only" about 7 million jobs behind comparing to a "normal" recovery

because he sees lots of figures that shows the economy is heating up.
Over the last 1.5 - 2 months all economic indicators were extremely negative, significantly below expectations.

If George Bush wins again, they will go ahead with the expansions. If John Kerry wins, they will NOT..
Anecdotally mutual fund managers collect money for Kerry campaign (heard it on CNBC), 53% of hedge fund managers support Kerry, more than 200 leading businessmen (including former bush supporter Lee Iacocca and lots and lots of others) support and campaigned Kerry. Why would they do that?