The Bush boom.

The Bush boom.

The Bush boom.

Oh -- did the Republicans neglect to mention that they think there's a Bush boom?

It's really just one quarter of (admittedly impressive) growth, generated by the only aspect of the recent tax cut that actually put money in the pockets of ordinary citizens -- the distribution of tax-credit checks to parents.

That was a one-time-only event -- and the money seems to have largely been spent.

All his life George W. Bush has been one of the luckiest SOBs who ever lived; the timing of the business cycle might continue his run of luck. But the Repubs aren't going to see whether that happens. They're going to try to pound this phrase into everyone's head until it's stuck like a bad jingle.