Can you say "deluded?"

Evidently, our President was asked about the economy:

"Bush: …and I’m convinced fifty years from now people will look back and say, Thank God there were those that were willing to sacrifice.

Curry: But you’re saying you’re going to have to carry that burden. Some Americans believe that they feel they’re carrying the burden because of this economy.

Bush: Yeah, well…

Curry: They say we’re suffering because of this.

Bush: I don’t agree with that.

Curry: You don’t agree with that? It has nothing do with the economy, the war, the spending on the war?

Bush: I don’t think so. I think actually the spending in the war might help with jobs.

Curry: Oh, yeah?

Bush: Yeah, because we’re buying equipment, and people are working. I think this economy is down because we built too many houses (Curry: hmmmmm) and the economy is adjusting. On the other hand we’re just about to kick out 157 billion dollars to our taxpayers……what would have been had we abandoned Iraq when times were tough and let those soldiers die in vain.."