"Moreover, if we and the consensus are correct, then the period 2003-2008 will have been one of the most powerful periods of economic growth globally since accurate data has been collectable for much of the world."
As I have posted in the Greatest Economy Ever and Roaring 20's are Back, this is not a short term phenomena but a long term trend. Paul Zane Pilzer should get a Nobel Prize for his Economic Theory.
So, if you are having a rough time now - don't blame the economy or Bush. As Larry Winget would say "Get off your Butt".