fastback
Registered offender
- Joined
- Feb 28, 2006
- Posts
- 1,232
The average doesn't matter. What matters is how things look after 8 years of his policies. In the last month of Clinton's administration, unemployment was at 3.9%. It dropped steadily and consistently during his administration, thanks to his economic policies that led to surpluses and consumer confidence. After 8 years of Bush, it's now at 6.1%. The numbers speak for themselves.
This is only true if you count retired families. If you look at working families, the real measure of economic policy, it's down by over $1,000.
The Clinton economy, buoyed by the tech bubble, finally showed the strain of higher taxes and led us into a slowdown around the time of 911. It took aggressive tax cuts to get out of this rut. Bush deserves credit for that. Our economy would still be strong were it not for the rise in oil and this aberration in our credit system. Neither can be reasonably blamed on Bush. While GW has made plenty of mistakes, overall, his fiscal policy promotes GDP growth and job creation. And while Bush's irresponsible spending increases have increased our deficits, Obama's health care proposal will send our debt into the stratosphere.