21.   Alexander has acknowledged that it was difficult going on, arguing that his failures so far reflected the fact that people did not know him.

22.   Bush spokeswoman Karen Hughes said the schedule only reflects the fact that Bush has some events that are public and some that are considered private.

23.   But mostly it reflects the fact that there is little fear of either inflation or bear markets.

24.   But it also reflects the fact that changes in tax law have made it more certain that high-income taxpayers will pay more while moderate-income families are hit less.

25.   But that reflects the fact that in important ways, the communications landscape is much different now.

26.   But the numbers do not reflect the fact that older drivers tend to drive fewer miles.

27.   But the improvement does not simply reflect the fact that many of those with the worst job prospects are now behind bars.

28.   But the suspicions reflect the fact that when Democrats were in charge, their members complained at tough votes and liked to avoid them.

29.   But the caution also reflects the fact that even some economic optimists have trouble believing that things can get much better than they already are.

30.   But they are far from all-powerful and the regulatory climate should reflect that fact.