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The day the Democrats took over was not January 22nd 2009 -- it was actually January 3rd 2007. The day the Democrats took over the House of Representatives and the Senate, the start of the 110th Congress. The Democratic Party controlled a majority in both chambers for the first time since the end of the 103rd Congress in 1995.
At the time:
- The DOW Jones closed at 12,621.77
- The GDP for the previous quarter was 3.5%
- The Unemployment rate was 4.6%
- George Bush's economic policies SET A RECORD of 52 STRAIGHT MONTHS of JOB CREATION
And what has happened since? Let me guess, it's still Bush's fault?
Obama needs to take responsibility and stop blaming "the other side."
So basically Republicans controlled both branches of congress and the presidency from 2003-2007 during a time of relative prosperity, and they cut the deficit? Bzzzz. Reduced spending? Bzzzz. Reformed immigration? Bzzzz.
But yeah, I'm sure they'll get all of that done if we hand them the reins during the Great Recession.
The Bush tax cuts worked immediately.
How many straight months of job creation in the private sector? 52 was it?
Isn't that about 2006 mid term time! What was the trigger? What applied the safety back on to stagnation and recession?
Sorry but President George W. Bush Jr.'s job creation ability was woefully lacking. More importantly the incomes of the highest income earners rose disproportionally faster than all other categories.
Also on January 22, 2001 the Dow Jones Industrial Average was approximately 10,659. On January 20, 2009 it was at 8077. That was over a 24% decline in the value of the Dow and probably one of the worse eight year performances in stock market history.
Between the poor job creation, lack of wage growth for middle class Americans, loss of stock market valuation and deep deficits an argument could be made that Administration of President George W. Bush Jr. did more to harm the American economy than any other President since Andrew Jackson.
Also on January 22, 2001 the Dow Jones Industrial Average was approximately 10,659. On January 20, 2009 it was at 8077. That was over a 24% decline in the value of the Dow and probably one of the worse eight year performances in stock market history.
Isn't that about 2006 mid term time! When Democrat Progressives took over the housing and financial sectors. What was the trigger? What applied the safety back on to stagnation and recession?
The stock market was up to what, before the Democrats took over both houses? Barney Frank, was in control of the housing and financial markets, when the Dems took the house.
You actually proved my point. We were doing really well until the Dems took control and started spending. Bush, being the Progressive he is, went right along with big spending and big government. Don't confuse Progressive with Republican or Democrat. They are in both parties. That is why you have been getting the same thing, no matter what party in the past you voted for. One in slow motion and one on steroids. Bush was middle of the road Progressive. His conservative side left the building, when the Dems took both houses in 2006.
2006-2007 look where things started downward.... Look for yourself.
Bush may have been Prez, but this is not a dictatorship nation. It takes 3 to tango here. 2 to 1, how many bills did Bush veto in the last 2 years of his Prez?
The day the Democrats took over was not January 22nd 2009 -- it was actually January 3rd 2007. The day the Democrats took over the House of Representatives and the Senate, the start of the 110th Congress. The Democratic Party controlled a majority in both chambers for the first time since the end of the 103rd Congress in 1995.
At the time:
- The DOW Jones closed at 12,621.77
- The GDP for the previous quarter was 3.5%
- The Unemployment rate was 4.6%
- George Bush's economic policies SET A RECORD of 52 STRAIGHT MONTHS of JOB CREATION
And what has happened since? Let me guess, it's still Bush's fault?
Obama needs to take responsibility and stop blaming "the other side."
The day the Democrats took over was not January 22nd 2009 -- it was actually January 3rd 2007. The day the Democrats took over the House of Representatives and the Senate, the start of the 110th Congress. The Democratic Party controlled a majority in both chambers for the first time since the end of the 103rd Congress in 1995.
At the time:
- The DOW Jones closed at 12,621.77
- The GDP for the previous quarter was 3.5%
- The Unemployment rate was 4.6%
- George Bush's economic policies SET A RECORD of 52 STRAIGHT MONTHS of JOB CREATION
And what has happened since? Let me guess, it's still Bush's fault?
Obama needs to take responsibility and stop blaming "the other side."
you can’t wrap your brain around the fact that all those jobs lost during the Dot Com bubble burst, the Enron/Worldcom scandal, and then the 911 Attacks… so with all of that going on there was a lot of jobs lost. Bush created enough jobs to come back from that deficit and then some. The better and more fair way to look at Bush’s record on jobs is year-to-year.
How to Lie with Statistics is a book written by Darrel Huff in 1954 presenting an introduction to statistics for the general reader. It is a brief, breezy, illustrated volume outlining common errors, both intentional and unintentional, associated with the interpretation of statistics, and how these errors can lead to inaccurate conclusions. It has become one of the most widely read statistics books in history (even though Huff was not a statistician), with over one and a half million copies sold in the English-language edition. It has also been widely translated.
Isn't that about 2006 mid term time! When Democrat Progressives took over the housing and financial sectors. What was the trigger? What applied the safety back on to stagnation and recession?
The stock market was up to what, before the Democrats took over both houses? Barney Frank, was in control of the housing and financial markets, when the Dems took the house.
You actually proved my point. We were doing really well until the Dems took control and started spending. Bush, being the Progressive he is, went right along with big spending and big government. Don't confuse Progressive with Republican or Democrat. They are in both parties. That is why you have been getting the same thing, no matter what party in the past you voted for. One in slow motion and one on steroids. Bush was middle of the road Progressive. His conservative side left the building, when the Dems took both houses in 2006.
2006-2007 look where things started downward.... Look for yourself.
So basically Republicans controlled both branches of congress and the presidency from 2003-2007 during a time of relative prosperity, and they cut the deficit? Bzzzz. Reduced spending? Bzzzz. Reformed immigration? Bzzzz.
Deficit fell to $160 billion from $450 in just 4 years under Republicans. The Democrat's first budget deficit was TRIPLE the FY 2007 low of $160 billion. The Democrats tripled the budget a SECOND time for FY 2009 to $1.4 trillion.
That is a sixfold increase in only 2 fiscal years, compared to a four fold DECREASE under Republicans from 2003-2007 and 1996-2000.
The day the Democrats took over was not January 22nd 2009 -- it was actually January 3rd 2007. The day the Democrats took over the House of Representatives and the Senate, the start of the 110th Congress. The Democratic Party controlled a majority in both chambers for the first time since the end of the 103rd Congress in 1995.
At the time:
- The DOW Jones closed at 12,621.77
- The GDP for the previous quarter was 3.5%
- The Unemployment rate was 4.6%
- George Bush's economic policies SET A RECORD of 52 STRAIGHT MONTHS of JOB CREATION
And what has happened since? Let me guess, it's still Bush's fault?
Obama needs to take responsibility and stop blaming "the other side."
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