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Originally Posted by PBzeer
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Citing a Conservative web site article as "gospel" is just so typical. This is one more attempt to rewrite history in order to "establish" a Bush legacy. This wasn't even a good effort at revisionist writing. You just can't tell 300 million people they're better off when they are not.
"This reflected six consecutive years of economic growth from the Fourth Quarter of 2001 until the Fourth Quarter of 2007"
The Bush economy benefited only the wealthiest Americans. By all measures, the only way to demonstrate income growth was by citing growth in the stock market, which ignores the fact that 10 percent of Americans own 80 percent of all stocks.
"From 2000 to 2007, real GDP grew by more than 17 percent"
Patently False. This is the figure which forgets to include real inflation during the period. Incomes decreased during this period for all but the wealthy. At the same time the Bush tax cuts contributed to the largest budget deficits in our history Never has so much... benefited so few.
I'll stop here. This article is a self serving bunch of crap which is completely out of touch with facts and just wasn't worth commenting on in the first place.
