Economic summit unlikely to enhance Bush image
MCCLATCHY NEWSPAPERS
WASHINGTON — This week’s economic summit should offer President Bush a chance to take a final, sentimental bow on the international stage and give historians the image of a man in charge.
That’s not going to happen, however.
Instead, Bush limps into the meeting of 20 world leaders with a domestic approval rating of 24 percent in a new Ipsos/McClatchy Poll released Wednesday, worse than any president’s showing since the advent of modern polling more than 60 years ago. He’s nearly as low in a Gallup Poll: Only 27 percent approved of the way Bush is handling his job.
Bush loyalists would like this summit to be the final piece of his months-old bid to right the economy, after his February $168 billion economic-stimulus plan and last month’s $700 billion financial-rescue package. However, his presidential legacy is unlikely to be even mildly affected by this weekend’s effort to stabilize the world economy.
Instead, “he is in a weak position to play much of a leadership role at this point,” said George Edwards, a presidential scholar at Texas A&M University, in College Station.
“He’s the lamest of lame ducks at this point,” added Bruce Buchanan, a professor of government at the University of Texas at Austin.
If anything, the Friday-Saturday Summit on Financial Markets and the World Economy “puts Bush on the spot,” said Michael Mezey, a professor of political science at Chicago’s DePaul University, because it could underscore his inability to make a difference.
Bush, who majored in history at Yale University, has met routinely with historians in recent years, though White House aides say that the sessions reflect the president’s interest in history, not an effort to burnish his legacy. Any last-ditch bid to affect history’s judgment of his presidency is clouded by three challenges he probably didn’t anticipate: an unforgiving public, two unfinished wars and a reeling economy.
Public attitudes toward Bush differ sharply from the sympathetic goodbyes that people have given recent presidents. Presidents Bill Clinton and Ronald Reagan, enjoying strong economies, ended their eight years with approval ratings in the mid-60s. Even George H.W. Bush, who was soundly defeated for re-election in 1992, left office with a 56 percent approval mark.
However, the latest Gallup survey found his son’s approval well below even Harry S Truman’s 32 percent in December 1952, during the Korean War’s third year, and Jimmy Carter’s 34 percent in 1980.
Analysts say that Bush, who figured he’d be remembered mostly as the president who stood up to terrorists, instead is dogged by a legacy that he didn’t expect: judgments on his stewardship of the economy.
“He’s stunned by his legacy being compared to that of Herbert Hoover,” Mezey said. “He was willing to be tied to the kind of legacy Lyndon Johnson had with Vietnam.”
Of course, no president controls the economy, as some Bush sympathizers point out, but the federal government does have a large responsibility for helping it work.
Bush is indicating reluctance to go along with a second stimulus package this fall, even though majorities of both houses of Congress have signaled their support.
“He doesn’t do the popular thing if he thinks it’s wrong. This president is convinced history will judge that he’s right,’ said Jeremy Mayer, an associate professor of public policy at George Mason University in Virginia.
“Bush’s legacy is in the hands of President-elect Obama,” said Tim Blessing, the director of the Alvernia University Presidential Performance Study in Reading, Pa.
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