Bush thanks Paulson for working weekends

In the midst of the worst financial crisis since the Depression, did President Bush really thank Treasury Secretary Henry Paulson for working through the weekend?

Mr. Bush singled out Treasury Secretary Henry M. Paulson Jr. for praise, saying he had shown “the country and the world that the United States is on top of the situation,” an assertion that was broadly disputed by the president’s critics.

“I want to thank you, Mr. Secretary, for working over the weekend,” Mr. Bush said in brief remarks in the Roosevelt Room.

Are our standards really this low? Did Bush thank the Joint Chiefs for working weekends during the invasion of Iraq?

Update 3/19 8:18 AM: Via DeLong and Froomkin, the Los Angeles Times reports on a similar reaction:

In some ways it was a throwaway line, the kind of praise a boss tosses out casually. But as the economy teetered Monday, President Bush's words to Treasury Secretary Henry M. Paulson struck many as discordant and disengaged.

"I want to thank you, Mr. Secretary, for working over the weekend," Bush said as he met with his economic advisors at the White House. "You've shown the country and the world that the United States is on top of the situation."

Actually, many analysts and critics said, by focusing on Paulson's working hours instead of on the fear gripping Main Street and Wall Street, the president seemed to show just the opposite -- that he has failed to grasp the gravity of the country's economic crisis.

"He has no idea what's going on. Even by his standards, he's wrong," said Rep. Barney Frank (D-Mass.), chairman of the House Financial Services Committee, who said he had been trying to get the president to pay more attention to the economy for more than a year.

Bush's "working over the weekend" line also suggested a comparison to another disaster in which he was accused of acting too slowly: Hurricane Katrina. After the storm, the president was ridiculed for praising FEMA Director Michael D. Brown for doing "a heck of a job" -- even as thousands remained stranded in floodwaters in New Orleans.

Comments

[David]

Bush's comment would be silly if it were all that he said. Even the Times article includes Bush's more substantial praise for Paulson. And, who knows what else Bush said that the Times didn't report?

I don't know that Paulson deserves any praise. Bush's style is to delegate most technical matters and then to strongly support the person he delegated the matter to. Even though Bush's praise often sounds overblown, I think his managment style is a good one, as long as he holds people accountable for results.

[Jinchi]

You have to remember that Bush is a man who has spent a year and a half on vacation since he took office.