I think it was because you don't know for sure until the GDP numbers are out and that's, what, three months old data at the outside? So people were saying, hey, I think we are going to see negative growth for this quarter and next, meaning we are in recession.
Bush and Obama would have both been infinitely better off saying "I think the worst of this is behind us. Much more work to do, but we feel like we are in control of the situation and that we should see some improvement."
Agree?
Some group of them are not going to be satisfied, this is true. But Bush had the same problem, as doo all presidents. The outliers in their party have high hopes for someone who thinks like they do, a true believer. When their guy turns out to be a politician just like all the others, its sort of a letdown.