Perhaps the US economy is far to complicated and large a BEAST for any ONE administration to have any short-term effect. Look at what's happened... the BOOM of the 90's was ceated by the tax cuts and new economic theory's of the 80's. The beginning of this decade saw a recession started in the mid 90's when taxes were raised.
The governments best weapon to improve the economy is to encourage people to spend.. one way to do that, is TAX CUTS. Its funney how every time taxes are lowered, total tax revenue increases. And yet, some still want to raise taxes.. either they dont want American's to succedd or they are too dense to get it. Look at the past... learn from it.
Kennedy got congress to do it.. it worked!
Regan got congress to do it.. it worked better!
Bush42 got congress to do it.. it still worked!
Perhaps, the next smuck in charge will get this new disgusting bunch in congress to do it yet again.. and it will again work!
Wishfull thinking maybe on my part...
so NO, i don't see things getting better economically until that happens.
As for that report on US econ that started this thread, one reason for the downturn in factory orders that is effecting MUCH of that report, is that the US is now outsourcing more industrial production than it is producing internally. This is the biggest longterm probelm for economic stability in the US. Pretty soon - the US will not produce hardly anything.