Sunday, July 25, 2010

GOP's Big Bush Problem: Krugman Nails It

How 'bout those nostalgic Republicans? Still misty-eyed over the glorious presidency of George W. Bush.

But it will take more than nostalgia to erase the record of incompetence and mismanagement compiled by the Bush team—folks like Dick Cheney, Donald Rumsfeld, Alberto Gonzales, and so many more.

Thanks to Paul Krugman, New York Times columnist, there is a corrective to the GOP's rose-colored rear-view mirror. Here's a choice selection from Krugman's Sunday's column:
The actual record of the Bush years was (i) two and half years of declining employment, followed by (ii) four and a half years of modest job growth, at a pace significantly below the eight-year average under Bill Clinton, followed by (iii) a year of economic catastrophe. In 2007, at the height of the “Bush boom,” such as it was, median household income, adjusted for inflation, was still lower than it had been in 2000.

1 comment:

Tulsan said...

Republicans are either distancing themselves from Bush, or trying to rewrite history to make him look like a competent leader. The latter appears to be the operative official policy for now.

I would still like to see Bush, Cheney and company in the dock.