Rush: "George W. Bush is still stimulating the economy that Obama is trying to ruin"
July 23, 2010 2:35 pm ET
From the July 23 edition of Premiere Radio Networks' The Rush Limbaugh Show:
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Print this off and show it to your wingnut friends, straight from the Wall Street Journal(owned by Rupert Murdoch)
Bush On Jobs: The Worst Track Record On Record
President George W. Bush entered office in 2001 just as a recession was starting, and is preparing to leave in the middle of a long one. That’s almost 22 months of recession during his 96 months in office.
His job-creation record won’t look much better. The Bush administration created about three million jobs (net) over its eight years, a fraction of the 23 million jobs created under President Bill Clinton’s administration and only slightly better than President George H.W. Bush did in his four years in office.
Here’s a look at job creation under each president since the Labor Department started keeping payroll records in 1939. The counts are based on total payrolls between the start of the month the president took office (using the final payroll count for the end of the prior December) and his final December in office.
Because the size of the economy and labor force varies, we also calculate in percentage terms how much the total payroll count expanded under each president. The current President Bush, once taking account how long he’s been in office, shows the worst track record for job creation since the government began keeping records. –Sudeep Reddy
http://blogs.wsj.com/economics/2009/01/09/bush-on-jobs-the-worst-track-record-on-record/
Job Growth Where Bush Didn’t Want It
By FLOYD NORRIS
IT is not exactly a distinction that he had in mind, but seven years into his presidency, George W. Bush is in line to be the first president since World War II to preside over an economy in which federal government employment rose more rapidly than employment in the private sector.
That is not because federal government jobs have risen at an unusually rapid rate over the last seven years — although the increase did reverse a substantial decline under Mr. Bush’s most recent predecessor, Bill Clinton.
Instead, it is because job gains in the private sector were modest even after the economy recovered from the 2001 recession. In 2005, private sector employment rose 2 percent, the best annual growth rate during the Bush administration, but the rate fell to 1.4 percent in 2006 and 0.7 percent in 2007. In contrast, in six of the eight Clinton years growth was above 2 percent.
With the economy clearly slowing as the final year of Mr. Bush’s presidency begins, it is possible that the overall rate of growth in private sector employment for his presidency, now at 0.53 percent per year, could fall below the 0.41 percent rate of his father’s administration, which had been the lowest of any president since World War II.
http://graphics8.nytimes.com/images/2008/02/09/business/2008chartsgraphic.jpg
[family size brain bleach]
Bedtime for Bozos? The Oxy Chronicles? Ku Kluxing in the 21st Century?
Hmm. These titles are too accurate for fiction, unfortunately.
***Limbaugh Classic***
"Have you written fiction?"
William F. Buckley, Jr. to Rush
9/22/95
http://www.amconmag.com/article/2009/feb/23/00006/
Squandering the record budget surplus you were handed when you came into office is a good way, too . . .
I say we should make them clean up their toxic messes before any further tax breaks, subsidies, etc. are granted. It is time to hold them accountable.
He got to look like a "true conservative" while not having to hear from anyone about budget shortfalls because we just got more money from China.
Exactly.
And the funny thing is, Limpballs and his dittos will go into an apocalyptic sh!tfit if we mention something Bush ACTUALLY DID -- or DIDN'T-- do . . . but he's content to blithely bring up Bush for something he had NOTHING to do with . . .
Where can I get one of those stickers?
Yet the Neocons/Wingnuts insist that 'the economy is not a zero-sum game' (when that works for them... if it doesn't, they start freaking out about 'redistribution').
The rich are for 'taking our country back' - back to the days of 16 hour work days and the company store. The economy was strong then, but life was hard if you weren't wealthy.