Bush holds annual economic team meeting
Cooler locale, as polls show Americans cool to handling of economy
http://www.msnbc.msn.com/id/14406920/WASHINGTON - High gasoline prices, a slowing economy and upcoming congressional elections were the backdrop Friday of President Bush's annual meeting with his top economic team, held this year in a cooler clime.
Instead of gathering at his Texas ranch, where the mercury is topping 100 degrees, the president and his advisers huddled at the shady Camp David presidential retreat in Maryland's Catoctin Mountains.
The meeting, which began with a dinner Thursday evening, comes at a time when only 37 percent of Americans support his handling of the economy, according to AP-Ipsos polling in early August. It also comes about two months before congressional midterm elections that will determine whether Republicans continue to control the House and the Senate.
"Every year the president takes time in August to meet with his economic team for an in-depth discussion about the economy and how we can be sure that the administration's policies are on track to keep the economy strong and growing," said White House spokeswoman Dana Perino. Perino said they would discuss the macroeconomic picture and job growth, financial markets, tax policy, the budget and current and future spending on government entitlement programs.
President George W. Bush waves Thursday as he and First Lady Laura Bush walk to Marine One for a trip to Camp David and an annual meeting with the president's economic advisors.