I love hearing my coworker's complain that Bush is "the worst president ever" because their property taxes went up this year. It never seems to occur to them that 1) they live in Central Florida, one of the fastest growing metropolitan areas in the country, 2) the ones who are as old or older than me seem to have completely forgotten things like Nixon, Watergate, stagflation, gas lines, and 3) Alan Fucking Greenspan. He was there when Clinton (the Second Coming as far as some of my coworkers are concerned) was prez, and he's still there. As long as he is in charge of whatever it is he's always been in charge of the economy will be what it is.
I'd note that property taxes are a local thang rather than a federal thang. And anyway, revenue can only be raised by Congress, not the exective branch.