Thursday, July 29, 2004

Bush Economic Records

Recently Bush has been claiming that "our economy since last summer has been growing at the fastest rate in 20 years." Mark Weisbrot at the Center for Economic and Policy Research takes a deeper look at the Bush record on the economy here. You won't be surprised by Bush's use of carefully selected numbers and time periods. Unfortunately, Bush is still likely to be the "first president since the Great Depression to preside over a net loss of jobs for the country." And of course, the actual Gold Medals that Bush has won are for the budget deficit, the fall in "real wages - adjusted for inflation" and Bush policies designed to divide the country by increasing the gap between rich and poor. And remember what republican Peter Peterson says - "tax cuts today are tax increases for out children."

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