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No Joke: George W. Bush Writing a Book on Economic Growth

May 16, 2012 RSS Feed Print

Sometimes you have to ask yourself if something is genuine or whether the keen minds behind The Onion have managed to hack reality. To wit: Former President George W. Bush is writing a book on—wait for it—strategies for economic growth.

The Center for American Progress's Pat Garofalo caught this little tidbit and nicely summarized why the idea of Bush writing a book on economic growth is ludicrous.

After all, under his watch, "growth in investment, GDP, and employment all posted their worst performance of any post-war expansion," while "overall monthly job growth was the worst of any cycle since at least February 1945, and household income growth was negative for the first cycle since tracking began in 1967." As the Economic Policy Institute found, "between the end of the 2001 recession (2001Q4) and the peak of that expansion (2007Q4), the U.S. economy experienced the worst economic expansion of the post-war era."

And there was the matter of the Great Recession.

[Check out a roundup of editorial cartoons on the economy.]

This is like Tim Tebow writing a treatise on passing accuracy, like Fox News releasing a how-to guide on fairness and balance in television coverage, like Rush Limbaugh teaching a gender sensitivity class, like Newt Gingrich lecturing about the sanctity of marriage, like Emily Post publishing a collection of "Yo Mamma" jokes. For sheer chutzpah this blows away Michael "Brownie" Brown penning a book on Hurricane Katrina and former Massachusetts Gov. Mitt "Let's Cut Taxes and Increase Defense Spending" Romney lecturing anyone on the deficit.

Bush not being one given to introspection and cataloging of his own errors, it seems unlikely that the volume will be styled along the lines of "do the opposite of my presidential policies." In fact given the publication date and the fact that Romney seems intent on doubling down on Bush's agenda, I can guess what the title will be: The 2012 Republican Party Platform.

Tags:
economic growth,
George W. Bush,
economy,
unemployment,
politics

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Over the first seven years of the Bush administration, GDP growth averaged 5.0%, while Obama has averaged 1.8% GDP growth over his first three years.

LookatnumbersYOUidiots of OH 5:20PM October 10, 2012

Under George W. Bush the U.S. had the longest period of sustained economic growth in U.S. history. During the middle portion of Bush's administration, the economy grew continuously for 52 consecutive months. The amount of growth during that period was greater than the entire Chinese economy. The economic panic at the very end of the Bush Presidency was concocted by Democrats, who who had control of both Houses of Congress during Bush's last two years.

Both Bush and Romney hold Masters Degrees (MBA's) from Harvard Business School, and understand economics very well. By contrast, Pres. Obama has no understanding of basic economics, having had no education or experience whatsoever in that subject.

Jim C. of KS 12:45PM June 04, 2012

It's like a deaf man writing symphonies...oh no wait that happened.

Jane Mac of WV 1:33PM June 02, 2012

Robert Schlesinger

Robert Schlesinger

Robert Schlesinger is managing editor for opinion at U.S. News and World Report, overseeing all opinion editorial content. He is the author of "White House Ghosts: Presidents and Their Speechwriters." E-mail him at rschlesinger@usnews.com. Follow him on Twitter: @rschles.

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