The Babe Theory Of Political Movements.
Mar. 21, 2005 11:50 AM
Iran's Sham Election In Houston.
June 20, 2005 5:36 AM
Yes, Kanye, Bush Does Care.
Oct. 31, 2005 12:41 AM
Health Care vs. Wealth Care.
Nov. 23, 2005 3:28 PM
Americans Voting With Their Feet.
Nov. 30, 2005 1:33 PM
Idea Majorities Matter.
May 12, 2006 6:15 PM
Twilight Zone Economics.
Oct. 17, 2006 12:30 AM
The "Shrinking" Middle Class.
Dec. 13, 2006 1:01 PM
From Ashes, GOP Opportunities.
Dec. 18, 2006 6:37 PM
Battle Between Entitlements & Pork.
Dec. 21, 2006 12:31 PM
Let Economic Freedom Reign.
Dec. 22, 2006 10:22 PM
Biggest Health Care Moment In Decades.
July 25, 2007 4:32 PM
Unions Antithetical to Liberty.
May 28, 2008 11:12 PM
Right To Work States Rock.
June 9, 2008 12:25 PM
Social Security Reform Thursday.
March 13, 2008
Caption Contest: Enter Today!
Due: July 29, 2008
The Carnival Of Classiness.
Mar. 14, 2006
Quotational Therapy: Obama.
Apr. 4, 2008
Mainstream Melee: Wolfowitz.
May 19, 2007
Pundit Roundtable: Leaks.
July 9, 2006
A WILLisms.com(ic), by Ken McCracken
July 14, 2006
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Trivia Tidbit Of The Day: Part 237 -- The Bush Economy.
The Bush Boom-
It's no wonder, given that the most strident critics are more concerned with talking down the economy than the truth. Allowing Bush to take credit for boom times the way President Clinton did in the 1990s is unthinkable.
Indeed, those months in 2001 were not all that great, economically. Jim Jeffords of Vermont, in a head-scratching career move, left the GOP. There wasn't enough support in Congress for meaningful tax relief. President Bush had inherited a lagging economy, but somehow it was all his fault.
And then 9/11 happened.
The events of September 11, 2001 hurt the American economy, there's no doubt about that. Business investment was down. Spending was down. Attitudes were down.
But since the time President Bush's tax cuts took effect, in May of 2003, the economy has recovered nicely.
Jerry Bowyer explains:
Why do we begin counting 10 quarters ago? Because while Bush’s overall GDP average remains tempered by the anemic economy he inherited, it has grown by leaps and bounds since he signed his full tax cut (the so-called “tax cut for the rich”) into law. It’s admittedly easier to judge a president by everything that happens after he’s sworn in, but no president is an island, and no president gets to enact his policies the day he takes the oath of office. Since President Bush got the tax cut he wanted, Americans have gotten the economy they’ve earned.
GDP growth during the Clinton era: 3.6%
GDP growth since the Bush tax cuts: 4.1%
Meanwhile, since the enactment of those Bush tax cuts, the jobs picture just keeps getting better:
Ideas and policies have consequences. The correlation between tax relief and a growing economy is certainly a powerful reminder of that.
Previous Trivia Tidbit: Cigarette Smoking In The Movies.
Posted by Will Franklin · 6 December 2005 10:56 AM