Monday, November 24, 2008
Measuring the Bush Recession | Crooks and Liars
Measuring the Bush Recession | Crooks and Liars: "As the American economy plunges deeper into crisis, the conservative chattering classes are hoping for a replay of their 2001 blame game. Having successfully perpetuated the myth that President Bush 'inherited a recession' from Bill Clinton, right-wing mouthpieces from Rush Limbaugh to Fred Barnes began blaming Barack Obama for the Bush recession literally within hours of his election. But as a quick glance at the data shows, across virtually economic indicator from GDP, unemployment and consumer confidence to home prices, foreclosures and manufacturing output, ownership for this mushrooming economic calamity squarely belongs to George W. Bush."
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment