The near simultaneous release of Bill Clinton's memoirs and some good news on the job front has afflicted the right with a case of cognitive dissonance. Clinton, as you'll recall from the nineties and today's commentary, was lucky rather than good. Presidents don't really have all that much influence over short-term economic trends, which are mostly in the hands of the Federal Reserve and the business community. Bush, however, deserves full credit for the current growth spurt though not, of course, the blame for the recession that followed his inauguration or the long jobless recovery that followed. In reality, they were closer to right the first time.