George Bush's last stand.

Editorial. Emphasizes how President George Bush has used the glory of the Persian Gulf War to his advantage, but his mishandling of the economic crisis in the United States is what will eventually cause his downfall. Bush lacks bold leadership and a clear-cut strategy; How the Reagan-Bush leadership has left us with a budget deficit that raised the cost of capital; How Bush proposes speeding up spending and tax refunds; His economic logic is amiss.