The fantasy that is Bushworld.

[Joe Fields]

A kool-aid drinker called into one of the talk shows this evening, (Rusty Humphries) and began to tell everyone how Bush created fifty one straight months of job growth. OBVIOUSLY TAX CUTS STIMULATE THE ECONOMY!!!

Uh, not so fast.

To set the record straight, and to be perfectly honest, the effects of the Bush administration on job creation/job loss has yet to play out. But having said that, according to the U.S. Committee on the budget's July report, and we know that a milion and a half more jobs were lost since then, the last eight years of the Bush administration have netted only 5.2 million jobs,(not counting the 1.5 million net loss in recent months), as opposed to the creation of 22.3 million jobs during the same number of months during the Clinton administration, an average of more than 237,000 jobs created per month. The report went on to say that the Bush record was the most anemic job creation record in seventy years by any administration.


Also, median household income DECREASED during the Bush administration, by an average of $1,000, compared to a $6,000 increase in the median household income during the Clinton administration.

It seems kind of funny how we had round after round of tax cuts for the wealthy and for businesses, but, for some reason the wealth never trickled down. Instead, companies that enjoyed the best tax breaks they have ever had ended up shedding jobs at a rate not seen since the Great Depression.

Well, facts never were the republicans strong point.

[47of74]

1. Republicans and the facts? Not so much...

[The_Casual_Observer]

2. The sad truth about this is the only thing that bush had going

was the housing bubble. It was gamed by him directly by lowering interest rates to zero. He talked it up constantly, he'd say "The economy is strong, ya see, everybody is buying a house".