Blame the Bush Tax Cut
From USA Today:
Most economists say the tax cuts helped stimulate consumer spending and the economy in the short run. The economy grew at a rapid 8.2% annual rate in the third quarter of last year, when 25 million taxpayers received rebate checks of up to $400 per child. "The basic conclusion is that it's been a very important factor," Ed McKelvey, an economist at investment firm Goldman Sachs, says of the tax cuts.
