SO HOW’S THE ECONOMY DOING?….George Bush is not responsible for the recession that began in 2001. What he is responsible for is the fact that our recovery from that recession has been the worst in the last 30 years.
Over at Angry Bear, Kash tells the story in three simple graphs. The Bush team preferred ideology and partisanship (“It’s our due”) to sound economic policy, and the entire country is now paying the price. The simple fact is that boring policy debates really are important, and we’d be in much better shape today if we had a president who paid more attention to facts on the ground than he did to crank economic theories.
POSTSCRIPT: Oops, my bad. Did I say the “entire” country? Silly me. I meant “the entire country except for the millionaires,” of course.