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

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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

@BILL HEDGES of MO

LERN HOW. TO ENGLISH!

Anander of CA 11:40PM May 27, 2012

It's like Jeffrey Dahmer writing a cookbook.

Anander of CA 11:34PM May 27, 2012

No joke President? George Bush.

Effie of NM 8:05PM May 19, 2012

You gotta love how the poster tries to absolve the the repubs of any wrong doing in the financial debacle.Open minded people,those who live in the real world,Know this is absurd.

None are so blind as those who will not see!

bruce b of NV 8:56AM May 18, 2012

Let's see, unemployment was mostly between 4.4 and 4.7 % under GWB. 4% unemployment is considered full employment.

carmen of NY 6:53AM May 18, 2012

brucetee _ You said Clinton left a surplus. I gave U.S. Tresury proof THAT'S A LIE:

http://finance.townhall.com/columnists/craigsteiner/2011/08/22/the_clinton_surplus_myth/page/full/

I have a "grip on reality" and provide links more than anyone else on this site.

Your links are make believe jokes. As in:

In “Ted Nugent, Hilary Rosen Sheltering Obama from Scrutiny” you wrote “In fact average workers during that period,lost ground, due to stagnant wage increases,and reduced purchasing power". Did not find proof of that in your two links. Prehaps you can quote as I do... For sure, your earlier quote “the economic growth,of which he speakes, benefited, by a wide margin,those on the upper rungs of the income ladder. very little ,if any, trickled down to the folks on main st” __ is NOT substantiated __ ... What he spoke has nothing to do with your two articles...

In the first link it says “Experts point to some of the usual suspects -- like technology and globalization -- to explain the widening gap between the haves and have-nots”

Also says “One major pull on the working man was the decline of unions and other labor protections, said Bill Rodgers, a former chief economist for the Labor Department, now a professor at Rutgers University”

Also says “International competition is another factor. While globalization has lifted millions out of poverty in developing nations, it hasn't exactly been a win for middle class workers in the U.S.”

Also says “While average folks were losing ground in the economy, the wealthiest were capitalizing on some of those same factors, and driving an even bigger wedge between themselves and the rest of America”

http://money.cnn.com/2011/02/16/news/economy/middle_class/index.htm

YOUR SECOND ARTICLE SAID ___ Second says “The latest census data depict a middle class that's shrinking as unemployment stays high and the government's safety net frays. The new numbers follow years of stagnating wages for the middle class that have hurt millions of workers and families

http://www.newsobserver.com/2011/12/16/1713834/census-1-in-2-americans-are-poor.html#storylink=cpy”

YOU WROTE __ Don’t see how this, as you wrote, “In fact average workers during that period,lost ground, due to stagnant wage increases,and reduced purchasing power" MATCH UP as proof.

__

As I have quoted before (Reason for recession and high unemployment. Nothing to do with tax cuts for rich):

"It’s important to keep in mind that the recession had nothing to do with the tax cuts. The recession was brought on by destructive federal intervention in the subprime mortgage market, irresponsible funding and securitization of subprime loans by Freddie Mac and Fannie Mae, unsound Federal Reserve monetary policy, a lack of oversight by the Securities and Exchange Commission, greed and fraud committed by certain large banks and investment firms, and consumers who bought homes they really couldn’t afford."

http://www.mtgriffith.com/web_docu

Bill Hedges of MO 3:21AM May 18, 2012

Mr. Bill,how are things in lala land ? try to get a grip on reality.

As for the upcoming GWB book, best seller list ? After a month on the market it will be in the bargain bin at Target.

bruce b of NV 11:22PM May 17, 2012

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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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