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Republicans do not understand economics as well as they would like everyone to think they do. America got out of a recession with government projects (New Deal), South Korea subsidized their automobile industry until it was mature enough to compete on the global market, just examples of how government involvement has done a lot of good, something hardcore capitalists ignorantly think of as blasphemy. Market failure ring a bell?

If America really wants to turn their economy around they should take lessons from the Democratic Socialists in Scandinavia. Low business taxes with higher income taxes are superb for economic growth, and government control of education and healthcare continually provides a healthy, educated workforce.  Sorry Mr. Bush, but if your population cant afford a thousand dollars in text books each year in college that means they will have less educated, lesser paying jobs, and they will have less money to support the economy as well as you and your friends rich lifestyles. 

The fact people dont understand that your economic situation is almost entirely dependent on that of your neighbor's baffles me.  You might make a lot of money as the owner of a Porsche dealership, but if everyone around you cant afford a nice car then you are headed down poor street too.