Monday, January 12, 2009
The Bushes: Job-Killing Machines
Neil Irwin and Dan Eggen report in today's WaPo that Dumbya not only has presided over the weakest 8-year span for the U.S. economy in decades, but that as a father-son team the Bushes have been the most effective job-killers in recent American history. Here's the picture for Dumbya's legacy book:
annualized job growth: 0.3%, lowest since before the Truman administration, when BLS started keeping records; second lowest was under Poppy Bush's administration (0.6%);
gross domestic product: 1.4%, slowest growth since the Truman administration; Poppy Bush's was 1.9% (compared to 3.6% under Clinton);
incomes: 1.3%, slowest growth since the Eisenhower administration (also 1.3%), except for Poppy Bush's administration (0.1%).
While on Fux News Sunday, Dumbya waxed all philosophamacal about his glorious contributions and how Rethugs should be "compassionate." Fine words from this job-killer (no compassion there), who, as E.J. Dionne points out today, compassionately vetoed the expansion the State Children's Health Insurance Program (SCHIP). We won't go into the thousands of lives needlessly lost in Dumbya's war of choice in Iraq.
(Photo: Dumb and Dumbya)