Final Report on the Bush Economy=Failure, Failure, Failure (Except for the Rich)

Monday, September 14, 2009

The eight years the United States was under the leadership of President George W. Bush were not good ones according to statistics relating to income, poverty and health care. Data released by the U.S. Census Bureau show the median household income declined by more than 4% from 2000 to 2008 (from $52,500 to $50,303), and the number of Americans living in poverty jumped from 31.6 million to 39.8 million—26.1%. The number of those without health insurance also went up—from 38.4 million to 46.3 million, a leap of 20.6%, from 13.7% uninsured to 15.4%. The percentage of Americans receiving health insurance through their employer went down every year of the Bush presidency, starting at 64.2% and ending at 58.5%.

 
These worsening conditions came at a time when Bush pushed through a series of tax cuts that promised better economic times for all, but ended up only benefitting those on top.
-Noel Brinkerhoff
 
Closing The Book On The Bush Legacy (by Ronald Brownstein, The Atlantic)

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