George Bush's Economy, Republicans Want More Of It

George W. Bush Two-Term Presidential Economic Record:
  • 1.8% total GDP growth, worst ever since Hoover
  • Zero net job creation, worst ever since Hoover
  • Household income dropped $2,000, worst ever since Hoover
  • Net loss of over 2,000 points in the Dow, worst ever
  • Increased spending by 108%
  • Grew federal subsidy programs by 30% (i.e., also what tea baggers call Big Government, unless it's Republicans doing it.)
  • Took largest budget surplus in history and turned it into $1.4 trillion budget deficit, worst in history
  • Accumulated $7 trillion to the federal debt, worst ever and still counting
  • Begot America the Great Recession
So a man with that kind of record gives a speech about taxes and economic policy designed to give America advice for future economic growth and we're supposed to treat him and his policies as Very Serious Stuff?  Why, yes we are.  Because the Ryan Plan that nearly every Republican member of government has endorsed including their nominee for president is nothing but the continuation of Bush policies.  And the media fawns over it like it's some sort of magic blueprint that will burn and slash our way to epic awesomeness.


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