Former GE Chairman and business management guru Jack Welch has some advice for President George W. Bush: Start bragging about the economy.
Welch told Fox News Channel that President Bush has much to be proud of with regard to the economy, but he has to get out there and sell himself - and his accomplishments - to the American people to let them know about it.
"President Bush put a tax bill through that supported capital formation and risk taking,� Welch said. "We�ve created 2 million jobs a year after the 9/11 attacks. That�s a remarkable accomplishment. Bush has to get out there and talk about it.�
Despite the recent natural disasters, such as Hurricanes Katrina, Rita and Wilma, the U.S. economy continues to grow, and the stock market seems to weather every storm.
Welch has certainly noticed. Most business people have noticed. Investors noticed. But, according to the recent polls � which show the president�s approval rating at its lowest level of his presidency � the majority of Americans have not been persuaded of the "good news economy."
Welch said Bush is sometimes too humble - he won�t toot his own horn � but it�s time for some Texas-sized bragging on the part of the White House.
If there are doubters about the success of the U.S. economy, Welch suggested they look overseas � or simply at the TV news � to measure that success.
"Go to France and see the riots in the streets,� Welch said. "They have massive unemployment and rising percentages of non-citizens who can�t find work.
"Our unemployment rate is less than 5 percent after the 9/11 attacks. Bush ought to be standing on a soapbox talking about that accomplishment.�
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